PART 2

Collective money purchase benefits: Northern Ireland

Definitions

Qualifying schemes: supplementary
55
1
For the purposes of section 54(4) a pension scheme is a relevant public service pension scheme if it is—
a
a public service pension scheme within the meaning of the Pension Schemes (Northern Ireland) Act 1993 (see section 1(1) of that Act),
b
a scheme under section 1 of the Public Service Pensions Act (Northern Ireland) 2014 (c. 2 (N.I.)) (new public service schemes),
c
a new public body pension scheme as defined in section 31 of that Act, or
d
a statutory pension scheme that is connected with a scheme referred to in paragraph (b) or (c).
2
In subsection (1)(d), “connected” and “statutory pension scheme” have the same meaning as in the Public Service Pensions Act (Northern Ireland) 2014 (c. 2 (N.I.)) (see sections 4(6) and 34 of that Act).
3
The reference to a pension in section 54(5) does not include income withdrawal or dependants' income withdrawal within the meaning of paragraphs 7 and 21 of Schedule 28 to the Finance Act 2004.
S. 55 in force at Royal Assent for specified purposes, see s. 131(3)(a)
S. 55 in force at 1.8.2022 in so far as not already in force by S.R. 2022/197, art. 3(a)