Part 2 THE TAX REGIME

Northern Ireland

1. 3Requirements for admission agreements
2. 4Further restrictions on eligibility
3. 5Periods of membership: “total membership”
4. 6High earners
5. 7Members’ contributions
6. 8Employer’s discretion to reduce member’s contribution rate
7. 9Inland revenue limits on contributions
8. 10Limit on total amount of benefits and deduction of tax
9. 11Calculations
10. 12Final pay
11. 13Revenue restrictions
12. 14Retirement after normal retirement date
13. 15Re-employed and rejoining deferred members
14. 16Surrenders of pensions
15. 17Requirements as to time of payment
16. 18Guaranteed minimum pensions etc.
17. 19Surviving spouse’s or civil partner’s long-term pension
18. 20Reduction of some surviving spouses’ pensions
19. 21Meaning of “eligible child”
20. 22Children’s long-term pensions
21. 23Commutation: small pensions
22. 24Commutation: exceptional ill-health
23. 25Scope of Part III: limits on benefits
24. 26Power of employing authority to increase total membership
25. 27Effect of increases under this Chapter for older members
26. 28Payments to increase total membership
27. 29Effect of increases under this Chapter for older members
28. 30Election for pension in lieu of retirement grant
29. 31Election for lump sum in lieu of pension
30. 32Retirement benefits
31. 33Elections as to use of accumulated value of AVCs
32. 34Application and investment of SCAVCs
33. 35Accounts and audit
34. 36Employer’s further payments
35. 37Over-provision: calculation and return of surplus AVC and SCAVC funds
36. 38Rights to return of contributions
37. 39Commencement of pensions
38. 40Treatment of other benefits
39. 41Decisions as to status of employees and decisions as to benefits
40. 42Statements of policy concerning exercise of discretionary functions
41. 43Commutation: small pensions
42. 44Commutation: serious ill-health
43. 45Interpretation
44. 46Matters to be included in an admission agreement in certain cases
45. 47Excluded membership
46. 48Revenue restrictions