OpenLegislation

Paragraph 1 Firefighters' Pension Fund: payments, receipts and transfers

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

The Firefighters' Pension Fund established and maintained by the authority for the purposes of the 1992 Schemef1 (“the FPF”), must be used also for the purposes of payments and receipts required or authorised to be made by or under any provision of this Scheme.

(2)

Without prejudice to the generality of paragraph (1), there must be credited to the FPF or, where a transfer is made to the FPF from any other fund maintained by the authority, credited to the FPF and debited to that other fund—

(a)

sums receivable from firefighters in respect of periods treated as reckonable by virtue of rule 4 of Part 10 (reckoning of periods of unpaid leave or unauthorised absence);

(b)

sums receivable under rule 10 of Chapter 3 of Part 12 (receipt of transfer value payments);

(c)

sums receivable from an English or Scottish fire and rescue authority or the Northern Ireland Fire and Rescue Service Board by way of transfer value payments in respect of persons who take up employment with the authority; and

(d)

amounts of the descriptions mentioned in paragraphs (2) and (3) of rule 2.

(3)

Without prejudice to the generality of paragraph (1), there must be payable out of the FPF or, if a transfer is made from the FPF to any other fund maintained by the authority, debited to the FPF and credited to that other fund—

(a)

sums payable under rule 8 of Part 3 (repayment of aggregate of employee’s contributions);

(b)

awards payable under any provision of this Scheme (including the commuted portion of a pension to which rule 9 of Part 3 (commutation: general) applies); and

(c)

sums payable under Chapter 2 of Part 12 by way of transfer value payments.

(4)

Every amount paid or repaid to or by an authority under this Part must be credited or, as the case may be, debited, to their FPF.

(5)

In this Part—

(a)

references to the total amount payable out of an authority’s FPF do not include references to any amount which the Assembly requires the authority to pay to it under any of rules 5 to 8;

(b)

references to the total amount credited to the authority’s FPF do not include references to any amount which the Assembly pays to the authority for crediting to their FPF under any of rules 5 to 8.

Annotations

Footnotes

f1

See Part LA of the 1992 Scheme, inserted by S.I. 2007/1074 (W.112).