The Firefighters' Pension Scheme Regulations (Northern Ireland) 2015 No. 78

SCHEDULES

SCHEDULE 2 N.I. Transitional provisions

[F1 PART 3D N.I. Transfer of final salary benefits

Textual Amendments

F1 Sch. 2 Pts. 3A-3D inserted (retrospective to 1.4.2015) by The Firefighters Pension Scheme (Transitional and Consequential Provisions) Regulations (Northern Ireland) 2015 (S.R. 2015/420), reg. 1(2), Sch. 1 para. 7(d)

Meaning of “final salary benefit” N.I.

44.— (1) In this Part, “final salary benefit” means benefit accrued under a final salary scheme, subject to sub-paragraph (2).

(2) Where only part of the pension entitlement payable under a final salary scheme in respect of that person which is based on the pensionable service of that person is or may be determined by reference to the person’s final salary, “final salary benefit” means the benefit in respect of which the pension entitlement is so determined.

Acceptance of club transfer value payments N.I.

45.   Any part of a club transfer value payment from another scheme that relates to a members final salary benefit must [F2 apart from a payment from the Firefighters’ Pension Scheme (FPS) as that scheme has effect in England, Scotland and Wales] be paid into the NFPS.

Textual Amendments

F2 Words in Sch. 2 para. 45 inserted (with effect in accordance with reg. 1(3) of the amending Rule) by The Firefighters’ Pension Schemes (Amendment) Regulations (Northern Ireland) 2022 (S.R. 2022/155), reg. 1(2), Sch. 1 para. 4(7)

Member of this scheme or the NFPS N.I.

46.— (1) This paragraph applies to a person who transfers final salary benefits into the NFPS.

(2) Unless the person is a protected member of the NFPS the person’s service in relation to the final salary benefits which have been transferred into the NFPS is taken to be qualifying service for the purposes of this Scheme and, the person—

(a) becomes a member of this scheme; and

(b) is taken to be a transition member with continuity of service.]