The European Parliamentary (United Kingdom Representatives) Pensions (Additional Voluntary Contributions Scheme) (Amendment) Order 1999

Statutory Instruments

1999 No. 2101

EUROPEAN PARLIAMENT

The European Parliamentary (United Kingdom Representatives) Pensions (Additional Voluntary Contributions Scheme) (Amendment) Order 1999

Made

26th July 1999

Laid before Parliament

27th July 1999

Coming into force

17th August 1999

The President of the Council, in exercise of the powers conferred by section 4(1), (2) and (3) of the European Parliament (Pay and Pensions) Act 1979(1) and now vested in her(2) hereby makes the following Order:–

Title and commencement

1.  This Order may be cited as the European Parliamentary (United Kingdom Representatives) Pensions (Additional Voluntary Contributions Scheme) (Amendment) Order 1999 and shall come into force on 17th August 1999.

Interpretation

2.  In this Order–

“the AVC Order” means the European Parliamentary (United Kingdom Representatives) Pensions (Additional Voluntary Contributions Scheme) (No. 2) Order 1995(3):

and other expressions shall have the same meaning as in the AVC Order.

Contributors

3.  In article 2(1) of the AVC Order–

(a) for the definition of “Class A contributor” there shall be substituted–

““Class A contributor” means any contributor who joined the principal scheme on or after 1st June 1989 or any other contributor who has elected to become a Class A contributor (however termed) by giving notice in writing to the Managers.”

(b) for the definition of “Class C contributor” there shall be substituted–

““Class C contributor” means any contributor who joined the principal scheme before 17th March 1987 and has not elected to become a Class A contributor.”

Contributions

4.  For article 5(3)(a) of the AVC Order, there shall be substituted–

“(a) such amount determined by the Managers on a basis acceptable to the Board of Inland Revenue as is likely to provide benefits equal to the limits set out in article 11;”.

Maximum pensions

5.  In paragraph 3(2)(a) of Schedule 2 to the AVC Order, for the words “ that the number (not exceeding 40) of years of service completed before leaving service bears to the potential number (not exceeding 40) of years of service had the contributor remained in service to normal retirement date”, there shall be substituted “on the basis that service is taken as the potential number of years of service had the contributor remained in service to the normal retirement date”.

Rt hon Margaret Beckett

President of the Council

26th July 1999

Explanatory Note

(This note is not part of the Order)

This Order amends the European Parliamentary (United Kingdom Representatives) Pensions (Additional Voluntary Contributions Scheme) (No. 2) Order 1995.

Article 3 amends the definitions of “Class A contributor” and “ Class C contributor”. The amendments permit any person who became a member of the European Parliamentary pension scheme before 1st June 1989, by giving notice in writing to the Managers of the scheme, to elect to be treated as if he had become a member of the scheme on or after that date.

Article 4 relaxes the limits on contributions to the AVC scheme, but still within overall Inland Revenue constraints.

Article 5 amends a paragraph of Schedule 2 of the 1995 Order to correct a typographical error.

(1)

1979 c. 50. Section 3 of the European Communities (Amendment) Act 1986 (c. 58) substituted references to the European Parliament for references to the Assembly of the European Communities in Acts and other instruments.

(2)

See the Transfer of Functions (European Parliamentary Pay and Pensions) Order 1995 (S.I. 1995/2995), article 2.

(3)

S.I. 1995/739.