Paragraph 8 The use of age criteria in actuarial calculationsI1

Northern Ireland

The use of age criteria in actuarial calculations F1in a scheme , for example in the actuarial calculation of—

(a)

any age related benefit commencing before any early retirement pivot age or enhancement of such benefit commencing after any late retirement pivot age;

(b)

member or employer contributions F2by or in respect of a member to a scheme; or

(c)

any age related benefit commuted in exchange for the payment of any lump sum.

Annotations

Textual amendments

F1: Words in Sch. 1 para. 8 inserted (1.12.2006) by The Employment Equality (Age) (Amendment No. 2) Regulations (Northern Ireland) 2006 (S.R. 2006/453), regs. 1(1), 2(3)(e)(i)
F2: Words in Sch. 1 para. 8(b) inserted (1.12.2006) by The Employment Equality (Age) (Amendment No. 2) Regulations (Northern Ireland) 2006 (S.R. 2006/453), regs. 1(1), 2(3)(e)(ii)

Commencement

I1: Sch. 1 para. 8 in operation at 1.10.2006, see reg. 1(1)

Notes on Schedule 1

Commencement

I1: Sch. 1 para. 13 in operation at 1.12.2006, see reg. 1(1)