xmlns:atom="http://www.w3.org/2005/Atom" xmlns:atom="http://www.w3.org/2005/Atom"
Prospective
F11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F1Ss. 1-7 omitted (1.8.2022) by virtue of Pension Schemes Act 2021 (c. 1), s. 131(2)(d)(3)(c), Sch. 11 para. 16(a); S.R. 2022/197, art. 3(f)
Prospective
2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Prospective
3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Prospective
4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Prospective
5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Prospective
6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Prospective
F17 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F1Ss. 1-7 omitted (1.8.2022) by virtue of Pension Schemes Act 2021 (c. 1), s. 131(2)(d)(3)(c), Sch. 11 para. 16(a); S.R. 2022/197, art. 3(f)
Prospective
F28 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F2Ss. 8-35 omitted (1.8.2022) by virtue of Pension Schemes Act 2021 (c. 1), s. 131(2)(d)(3)(c), Sch. 11 para. 16(b); S.R. 2022/197, art. 3(f)
Prospective
9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Prospective
10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Prospective
11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Prospective
12 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
13 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Prospective
14 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
15 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
16 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
17 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Prospective
19 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
20 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Prospective
21 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
22 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
23 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
24 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Prospective
25 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Prospective
26 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
27 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
28 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Prospective
29 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Prospective
30 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
31 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
32 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
33 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
34 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Prospective
F235 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F2Ss. 8-35 omitted (1.8.2022) by virtue of Pension Schemes Act 2021 (c. 1), s. 131(2)(d)(3)(c), Sch. 11 para. 16(b); S.R. 2022/197, art. 3(f)
Prospective
F336 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F3S. 36 omitted (1.8.2022) by virtue of Pension Schemes Act 2021 (c. 1), s. 131(2)(d)(3)(c), Sch. 11 para. 16(c); S.R. 2022/197, art. 3(f)
Prospective
F437 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F4S. 37 omitted (1.8.2022) by virtue of Pension Schemes Act 2021 (c. 1), s. 131(2)(d)(3)(c), Sch. 11 para. 16(c); S.R. 2022/197, art. 3(f)
38—(1) Section 109 of the Pension Schemes Act (disclosure of information about schemes to members etc) is amended as follows.
F5(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F6(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(4) Before subsection (3) insert—
“(2A) In complying with requirements specified in the regulations, a person must have regard to any guidance prepared from time to time by the Department.”.
F7(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F7(6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F7(7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F5S. 38(2) omitted (1.8.2022) by virtue of Pension Schemes Act 2021 (c. 1), s. 131(2)(d)(3)(c), Sch. 11 para. 16(c); S.R. 2022/197, art. 3(f)
F6S. 38(3) omitted (1.8.2022) by virtue of Pension Schemes Act 2021 (c. 1), s. 131(2)(d)(3)(c), Sch. 11 para. 16(c); S.R. 2022/197, art. 3(f)
F7S. 38(5)-(7) omitted (1.8.2022) by virtue of Pension Schemes Act 2021 (c. 1), s. 131(2)(d)(3)(c), Sch. 11 para. 16(c); S.R. 2022/197, art. 3(f)
Commencement Information
I1S. 38(1) in operation at 9.3.2018 for specified purposes by S.R. 2018/43, art. 2
I2S. 38(4) in operation at 9.3.2018 by S.R. 2018/43, art. 2
Prospective
F839 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F8Ss. 39-45 omitted (1.8.2022 for specified purposes) by virtue of Pension Schemes Act 2021 (c. 1), s. 131(2)(d)(3)(c), Sch. 11 para. 16(c); S.R. 2022/197, art. 3(f)
Prospective
40 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Prospective
41 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
42 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
43 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Prospective
44 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Prospective
F845 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F8Ss. 39-45 omitted (1.8.2022 for specified purposes) by virtue of Pension Schemes Act 2021 (c. 1), s. 131(2)(d)(3)(c), Sch. 11 para. 16(c); S.R. 2022/197, art. 3(f)
46—(1) The Pension Schemes Act is amended as follows.
(2) In section 97B (interpretation) for the definition of “normal benefit age” substitute—
““normal benefit age”, in relation to a pension credit benefit for a member of a scheme, is the earliest age at which the member is entitled to receive the benefit without adjustment for taking it early or late (disregarding any special provision as to early payment on the grounds of ill-health or otherwise);
“normal pension age”, in relation to a benefit for a member of a scheme, means the earliest age at which the member is entitled to receive the benefit without adjustment for taking it early or late (disregarding any special provision as to early payment on the grounds of ill-health or otherwise);”.
(3) In section 97C (basic principle as to pension credit benefit), for subsection (1) substitute—
“(1) The normal benefit age in relation to a pension credit benefit for a member of a scheme—
(a)must not be lower than 60, and
(b)must not be higher than the permitted maximum.
(1A) The “permitted maximum” is 65 or, if higher, the highest normal pension age for any benefit that is payable under the scheme to or in respect of any of the members by virtue of rights which are not attributable (directly or indirectly) to a pension credit.”.
47 Schedule 2—
(a)contains amendments to do with Parts 1 and 2, and
(b)replaces references to “money purchase scheme” so as to limit the number of different ways of categorising pension schemes.
Commencement Information
I3S. 47 partly in operation; s. 47 in operation for certain purposes at 16.1.2016 see s. 52(1)(c)
48—(1) The Department may by regulations make provision that is consequential on any provision made by this Act.
(2) Regulations under this section may amend, repeal, revoke or otherwise modify any statutory provision (whenever passed or made).
49—(1) A power to make regulations under this Act is exercisable by the Department.
(2) Subject to the following provisions of this section, any regulations made under this Act are subject to negative resolution.
(3) The first regulations under section 8(3)(b), 9, 10, 11 or 21, or regulations under section 48 that amend, repeal or otherwise modify any relevant statutory provision (whether alone or with other provisions),—
(a)must be laid before the Assembly after being made; and
(b)take effect on such date as may be specified in the regulations, but (without prejudice to the validity of anything done thereunder or to the making of new regulations) cease to have effect upon the expiration of a period of six months from that date unless at some time before the expiration of that period the regulations are approved by a resolution of the Assembly.
(4) In this section “relevant statutory provision” means a statutory provision contained in—
(a)an Act of the Parliament of Northern Ireland;
(b)an Order in Council under Schedule 1 to the Northern Ireland Act 1974 or the Schedule to the Northern Ireland Act 2000;
(c)an Act of the Assembly; or
(d)an Act of the Parliament of the United Kingdom.
(5) Regulations under this Act may include incidental, supplementary, consequential, transitional, transitory or saving provision.
50—(1) In this section “the relevant provisions” means—
(a)Part 2,
(b)section 36, and
(c)section 37.
(2) The relevant provisions apply to a pension scheme managed by or on behalf of the Crown as they apply to other pension schemes.
(3) Accordingly, references in those provisions to a person in the person's capacity as a trustee or manager of a pension scheme include the Crown, or a person acting on behalf of the Crown, in that capacity.
(4) References in the relevant provisions to a person in the person's capacity as an employer include the Crown, or a person acting on behalf of the Crown, in that capacity.
(5) Nothing in the relevant provisions applies to Her Majesty in Her private capacity (within the meaning of the Crown Proceedings Act 1947).
51 In this Act—
“the 1995 Order” means the Pensions (Northern Ireland) Order 1995;
“the 2005 Order” means the Pensions (Northern Ireland) Order 2005;
“the Department” means the Department for Social Development;
“the Pension Schemes Act” means the Pension Schemes (Northern Ireland) Act 1993;
“statutory provision” has the meaning given by section 1(f) of the Interpretation Act (Northern Ireland) 1954.
52—(1) The following provisions come into operation on the day after this Act receives Royal Assent—
(a)section 46;
(b)this Part;
(c)paragraphs 22, 28, 31 and 33 of Schedule 2 (and section 47 so far as relating to those provisions).
(2) The other provisions of this Act come into operation on such day or days as the Department may by order appoint.
(3) The Department may by order make incidental, supplementary, consequential, transitional, transitory or saving provision in connection with the coming into operation of any provision of this Act.
53 This Act may be cited as the Pension Schemes Act (Northern Ireland) 2016.