Transitional
I118Restriction of existing pension schemes
C2C1C3C4C5C61
No benefits are to be provided under an existing scheme to or in respect of a person in relation to the person's service after the closing date.
2
In this Act “existing scheme” means a scheme listed in Schedule 5 (whether made before or after this section comes into force).
3
Subsection (1) does not apply—
a
in relation to an existing scheme which is a defined contributions scheme;
b
to benefits excepted by Schedule 5 (injury and compensation benefits).
4
The closing date is 31 March 2015. F2...
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Subsection (1) does not apply, and is treated as never having applied, in relation to a person’s service that is pensionable service under an existing scheme by virtue of—
a
section 2(1) of PSPJOA 2022 (remediable service treated as pensionable service under Chapter 1 legacy scheme), or
b
section 42(2) of that Act (remediable service treated as pensionable service under judicial legacy scheme).
For further provision affecting the application of subsection (1), see section 89(4) of that Act.
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10
In subsection (1), the reference to benefits in relation to a person's service includes benefits relating to the person's death in service.
11
In subsection (4), “the relevant local government scheme” means regulations under Article 9 of the Superannuation Order.