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The Local Government Pension Scheme (Merseyside Transport Limited) Regulations 2000
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- 2000 No. 2826
- Explanatory Note
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Explanatory Note
(This note is not part of the Regulations)
The Regulations provide that employees of Merseyside Transport Limited who are members of, or eligible to be members of, the Local Government Pension Scheme (“the Scheme”), constituted by the Local Government Pension Scheme Regulations 1997 (“the principal Regulations”) may remain in the Scheme or become members of the Scheme, after the transfer of their employment to MTL (Gilmoss) Limited on the transfer by Merseyside Transport Limited of its Gilmoss bus depot business.
Regulation 2 provides that the administering authority may enter into an admission agreement in respect of such employees with MTL (Gilmoss) Limited, notwithstanding that MTL (Gilmoss) Limited is not otherwise eligible to be an admission body under the provisions of the principal Regulations.
Regulation 3 provides that such employees cease to be eligible to be members of the Scheme if they cease to be employed by MTL (Gilmoss) Limited in the transferred business.
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