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The Occupational Pension Schemes (Preservation of Benefit) Regulations 1991

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  1. Introductory Text

  2. 1. Citation, commencement and interpretation

  3. 2. Meaning of “employer”

  4. 3. Meaning of “member” and “prospective member”

  5. 4. Benefits included in supplementary credits

  6. 5. Short service benefit in lump sum form

  7. 6. Means of assuring short service benefit

  8. 7. Alternatives to short service benefit

  9. 8. Early retirement or deferred retirement

  10. 9. Bought out benefits

  11. 10. Money purchase benefits

  12. 11. Value of alternatives to short service benefit

  13. 11A.Further alternative to short service benefit - transfer to an overseas arrangement

  14. 11B.Further alternative to short service benefit – transfer to a European pensions institution without consent

  15. 12. Transfer of member’s accrued rights without consent

  16. 13. Benefits attributable to waiting periods

  17. 14. Computation of benefit-money purchase benefits

  18. 14A.Benefits to which section 74(6) does not apply – money purchase benefits

  19. 15. Computation of benefit-earnings related benefits

  20. 16. Computation of benefit-uniform accrual

  21. 17. Computation of benefit-rounding

  22. 18. Commutation of benefit

  23. 19. Widows, widowers, surviving civil partners and dependants

  24. 20. Deductions from short service benefit

  25. 21. Breaks in pensionable service

  26. 22. Postponement or suspension of benefit

  27. 23. Refunds of additional voluntary contributions

  28. 24. Schemes funded by level annual premiums

  29. 25. Schemes with an overseas element

  30. 26. Transfers to overseas schemes

  31. 27. Specific provisions to be included in scheme rules

  32. 27A.Information to be furnished to early leavers

  33. 27B.Offence and penalties

  34. 28. Related amendments to other Regulations

  35. 29. Revocations

  36. Signature

    1. SCHEDULE 1

      RELATED AMENDMENTS OF OTHER REGULATIONS

      1. 1. Amendment of the Occupational Pension Schemes (Discharge of Liability) Regulations 1985

      2. 2. Amendments of the Occupational Pension Schemes (Transfer Values) Regulations 1985

      3. 3. Amendment of the Occupational Pension Schemes (Disclosure of Information) Regulations 1986

      4. 4. Amendment of the Occupational Pension Schemes (Auditors) Regulations 1987

      5. 5. Amendments of the Occupational Pension Schemes (Qualifying Service-Consequential and Other Provisions) Regulations 1987

    2. SCHEDULE 2

      REVOCATIONS

    3. SCHEDULE 3

      Actuary’s certificate

      1. Given for the purposes of regulation 12(3) of the Occupational...

  37. Explanatory Note

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