The Superannuation (Admission to Schedule 1 to the Superannuation Act 1972) Order 2007

Statutory Instruments

2007 No. 2981

pensions

The Superannuation (Admission to Schedule 1 to the Superannuation Act 1972) Order 2007

Made

16th October 2007

Laid before Parliament

17th October 2007

Coming into force

10th November 2007

The Minister for the Civil Service in exercise of the powers conferred by section 1(5)(a) and 1(8)(a) of the Superannuation Act 1972(1) and now vested in him(2) makes the following Order:

Citation, commencement and interpretation

1.—(1) This Order may be cited as the Superannuation (Admission to Schedule 1 to the Superannuation Act 1972) Order 2007 and shall come into force on 10th November 2007, but shall have effect, as appropriate, from the dates specified in this Order.

(2) In this Order—

“the Act” means the Superannuation Act 1972.

Employments

2.—(1) Section 1 of the Act shall apply to the following employments with effect from the dates specified below—

(a) employment by BRB (Residuary) Limited, with effect from 1st April 2006; and

(b) employment by The Pensions Advisory Service Limited, with effect from 1st January 2007.

(2) Accordingly, Schedule 1 to the Act is amended by inserting at the appropriate places, with effect from the relevant dates specified in article 2(1), in the list of “Other Bodies”, the entries—

“BRB (Residuary) Limited”

“The Pensions Advisory Service Limited”.

Gillian Merron

Parliamentary Secretary

for the Cabinet Office

16th October 2007

EXPLANATORY NOTE

(This note is not part of the Order)

1.  Section 1 of the Superannuation Act 1972 (the “Act”) permits the Minister for the Civil Service to make schemes which make provision for pensions and other benefits in respect of civil servants and persons serving in an employment or office listed in Schedule 1 to the Act. The Principal Civil Service Pension Scheme, the Civil Service Additional Voluntary Contribution Scheme, the Civil Service Compensation Scheme and the Civil Service Injury Benefits Scheme are schemes which have been made under section 1 of the Act.

2.  This Order adds employment by BRB (Residuary) Limited and The Pensions Advisory Service Limited.

3.  The addition of these employments to Schedule 1 to the Act makes the persons serving in the employments eligible to be members of the schemes made under section 1 of the Act, subject to the rules of those schemes.

4.  The changes to Schedule 1 to the Act made by this Order have effect from dates that are before the date this Order is made. This is authorised by section 1(8)(a) of the Act.

(1)

1972 c.11.

(2)

See article 2(1)(c) of the Transfer of Functions (Minister for the Civil Service and Treasury) Order 1981 (S.I. 1981/1670) and article 3 of the Transfer of Functions (Treasury and Minister for the Civil Service) Order 1995 (S.I. 1995/269).