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The Railways Pensions Guarantee (Prescribed Persons) Order 1994
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- 1994 No. 2150
- Explanatory Note
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Explanatory Note
(This note is not part of the Order)
This Order prescribes classes of persons whose membership of the 1994 Pensioners “A” Section of the Railways Pension Scheme is to be disregarded for the purpose of determining whether that section satisfies the conditions in paragraph 11(3) of Schedule 11 to the Railways Act 1993. The following classes of persons are prescribed:—
(a)persons whose pension rights are transferred from the 1994 Pensioners “B” Section under rule 17 of the rules of the 1994 Pensioners “B” Section;
(b)persons who are admitted under the second paragraph of rule 2 of the rules of the 1994 Pensioners “A” Section.
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