This Order may be cited as the Pensions (2015 Act) (Savings) Order (Northern Ireland) 2016 and shall come into operation on 6th April 2016.

Article 2(1), (2) F1, (5) and (7A) ceases to have effect on 6th April 2019.

In this Order—

• “the Act” means the Pensions Act (Northern Ireland) 2015;

• “contracted-out employment” and “contributions equivalent premium” have the meanings given in section 176(1) M1 of the Pension Schemes Act;

• “earner” has the meaning given in section 176(1) M2 of the Pension Schemes Act;

• “HMRC” means the Commissioners for Her Majesty's Revenue and Customs;

• “PPF assessment period” means an assessment period within the meaning of Article 116 of the 2005 Order in relation to the Board of the Pension Protection Fund;

• “reference scheme minimum benefit” means a salary related benefit which is defined by reference to section 8B M3 of the Pension Schemes Act (reference scheme) and which, under the provisions of the scheme, shall be provided as a minimum pension payable to the member;

• “salary related contracted-out scheme” and “the second abolition date” have the meanings given in section 176(1) M4 of the Pension Schemes Act.