Superannuation of LRPC staff3
1
All rights and liabilities arising under or in connection with any arrangements (‘the relevant pension arrangements’) made for the payment of pensions under paragraph 7 of Schedule 3 to the 1984 Act (pensions for LRPC staff) shall have effect on and after the transfer date as if they had arisen under or in connection with the Principal Civil Service Pension Scheme.
2
All property held on and after the transfer date for the purposes of the relevant pension arrangements shall be held for the purposes of the Principal Civil Service Pension Scheme.
3
The persons to whom section 1 (persons to or in respect of whom benefits may be provided by schemes under that section) of the Superannuation Act 19723 applies shall include persons who at any time before the transfer date—
a
have ceased to serve in employment with the LRPC, and
b
immediately before that date were entitled to benefits or deferred benefits under the relevant pension arrangements.
4
In this article ‘the Principal Civil Service Pension Scheme’ means the scheme made under section 1 of, and referred to as such in section 2(10) of, the Superannuation Act 1972.