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Paragraph 10 Employees with notional remunerationF1I1

Northern Ireland

(1)

Where—

(a)

any of a member’s remuneration during the period which is the relevant period for the purposes of regulation D1 was determined in accordance with an agreement under paragraph 7 of Schedule C1 (notional remuneration),

(b)

his average weekly earnings from his local government employment in that period (other than payments for overtime and payments by way of bonus) are within the relevant limits, and

(c)

his pensionable remuneration would be greater if determined by reference to those earnings,

his pensionable remuneration is to be determined by reference to those earnings.

(2)

For the purposes of sub-paragraph (1) earnings are within the relevant limits if they—

(a)

exceed by more than 50 per cent. the lower earnings limit at the end of the relevant period, and

(b)

do not exceed the upper earnings limit at the end of that period.

(3)

In this paragraph “lower earnings limit” and “upper earnings limit” have the same meaning as in the Pension Schemes (Northern Ireland) Act 1993.

Annotations

Textual amendments

F1

Regulations revoked (1.4.2015) by The Local Government Pension Scheme (Amendment and Transitional Provisions) Regulations (Northern Ireland) 2014 (S.R. 2014/189), regs. 1(1), 2, Sch. 2 (with savings and transitional provisions in reg. 3, Sch. 5)

Commencement

I1

Sch. D1 para. 10 in operation at 1.8.2000, see reg. A1(1)