Explanatory Notes

Public Service Pensions Act 2013

2013 CHAPTER 25

25 April 2013

Commentary on Sections and Schedules

Final

Schedule 5: Existing pension schemes

251.Schedule 5 contains a list of powers that are used to make schemes, the provision of benefits under which is restricted by section 18 in relation to service after the closing date set by that section. The restrictions on existing schemes do not apply to the provision of injury and compensation benefits, or in certain circumstances to holders of devolved judicial office, and these are excepted from the scope of the restriction where relevant.

252.Paragraphs 1 to 29 list powers to make existing schemes, and any applicable exceptions, in respect of;

253.The meaning of the terms “compensation benefits” and “injury benefits” is set out in section 37. For the purposes of paragraph 29, the Schedule makes it clear that “compensation benefits” includes benefits by way of payments for resettlement or retraining.