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The European Parliamentary (United Kingdom Representatives) Pensions (Additional Voluntary Contributions Scheme) (Amendment) Order 2004
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- 2004 No. 2418
- Explanatory Note
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Explanatory Note
(This note is not part of the Regulations)
1. This Order amends the European Parliamentary (United Kingdom Representatives) Pensions (Additional Voluntary Contributions Scheme) (No. 2) Order 1995 (the “AVC Order”). Articles 3 and 4 amend the AVC Order so that AVC benefits no longer have to come into payment at the same time as an MEP’s main scheme pension benefits but can be deferred until the MEP’s 75th birthday.
2. Section 4(3) of the European Parliament (Pay and Pensions) Act 1979 confers express power to make provisions retrospective in effect. This Order takes effect from 19th July 2004.
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