Part 1

Pension scheme membership for jobholders
Chapter 5

Duty to establish a pension scheme

Pension scheme

Review
74
1
The Secretary of State must appoint a person to review in relation to a scheme established under section 67—
a
the effect of provision made under section 70 (maximum amount of contributions),
b
the effect of any restrictions on rights to transfer into the scheme or transfer out to another pension scheme, and
c
such other matters as the Secretary of State may direct.
2
The appointment under subsection (1) must be made on or after the later of—
a
1 January 2017;
b
the end of five years beginning with the first day on which contributions are paid to the scheme by or in respect of members.
3
The person appointed under subsection (1) must—
a
prepare a report of the review, and
b
send a copy of the report to the Secretary of State.
4
The Secretary of State must lay before Parliament a copy of the report.
5
The Secretary of State may pay to the person appointed under subsection (1) such remuneration and expenses as the Secretary of State may determine.
Pt. 1 applied (with modifications) (temp. 1.7.2012 to 30.6.2020) by The Automatic Enrolment (Offshore Employment) Order 2012 (S.I. 2012/1388), art. 2 (with saving in art. 5)