Transitional
18Restriction of existing pension schemes
(1)
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.
(4)
The closing date is—
(a)
31 March 2014 for an existing scheme which is a relevant local government scheme, and
F1(aa)
31 March 2016 for an existing scheme which is a relevant Agency scheme, and
(b)
31 March 2015 in any other case.
F2...
F3(4A)
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(1) of that Act.
F4(5)
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F4(6)
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F4(7)
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F4(8)
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(9)
In subsection (1), the reference to benefits in relation to a person's service includes benefits relating to the person's death in service.
(10)
In subsection (4) F5—
“relevant Agency scheme” means regulations under section 1 of the Superannuation Act 1972 which relate to staff of the Secret Intelligence Service or Security Service;
relevant local government scheme” means regulations under section 7 of the Superannuation Act 1972 which relate to persons in England and Wales.
19Closure of existing injury and compensation schemes
(1)
Scheme regulations for a scheme under section 1 may secure that no benefits are to be provided under a scheme listed in Schedule 6 that is connected with it.
(2)
Where Schedule 6 specifies particular benefits in relation to a scheme, the power under subsection (1) is exercisable only in relation to those benefits.
(3)
Scheme regulations may provide for exceptions to subsection (1).
(4)
Provision made under this section may in particular be made by amending the connected scheme.
20Final salary link
Schedule 7 contains provision for a “final salary link” in relation to schemes to which section 18(1) applies (and see section 31(14)).