Statutory Instruments
Public Service Pensions
Made
22nd July 2014
The Treasury make the following Order in exercise of the power conferred by section 56(6) of the Pensions Act 2014(1):
1. This Order may be cited as the Pensions Act 2014 (Commencement No. 1) Order 2014.
2. 23rd July 2014 is the day appointed for the coming into force of section 52 of the Pensions Act 2014 (public service pension schemes: transitional arrangements) for all purposes.
Signed
David Evennett
John Penrose
Two of the Lords Commissioners of Her Majesty’s Treasury
22nd July 2014
(This note is not part of the Order)
This Order brings into force section 52 of the Pensions Act 2014 (c.19) on 23rd July 2014. That section amends section 18 of the Public Service Pensions Act 2013 (c.25) which relates to restriction of existing pension schemes and transitional arrangements. This is the first commencement order to be made under the Pensions Act 2014.
The Order will have no effect on the costs of business or the voluntary sector. For that reason no impact assessment has been produced.