The Local Government Superannuation (Miscellaneous Provisions) Regulations 1995

Explanatory Note

(This note is not part of the Regulations)

These regulations affect the Local Government Superannuation Regulations 1986 (S.I. 1986/24) (“the principal Regulations”) which constitute the local government superannuation scheme (“the scheme”).

Regulation 2, which has effect from 1st September 1989, requires interest to be paid on late payments of the annual retirement pension, widow’s and widower’s pension and children’s pension as well as on the lump sum retiring allowance, ill-health retirement grant and death grant. The pension payment must be twelve months overdue for interest to be payable.

Regulation 3 amends two incorrect cross-references which were inserted in the principal Regulations by the Local Government Superannuation (Amendment) Regulations 1994 (S.I. 1994/3026) (“the 1994 Regulations”). The first cross-reference is in regulation J13(4) and the second in regulation J14(1)(a).

Regulation 4 extends the period for giving notice under regulation J13 or J14 of the principal Regulations (as amended by the 1994 Regulations) from 3 months to 6 months in the case of a person who would have been entitled to give notice before the 1994 Regulations came into force had the 1994 Regulations come into force on 1st April 1986.

Regulations 3 and 4 of these Regulations have effect from 1st April 1986, the date from which the amendments to regulations J13 and J14 made by the 1994 Regulations had effect.

Regulation 5, which has effect from 1st April 1993, amends Schedule 6A to the principal Regulations to allow persons who have made additional voluntary contributions and who leave the scheme, whether on leaving employment or on opting out of the scheme to choose between a range of options for the disbursement of the accumulated value of their invested additional contributions.