Explanatory note
(This note is not part of the Regulations)
These Regulations make various amendments to the Parliamentary Pensions (Consolidation and Amendment) Regulations 1993f1 (the “Principal Regulations”).
Regulations 2, 8 to 13 and 15 to 23 introduce provisions for surviving civil partners and surviving partners who were neither married nor a civil partner and amend the Principal Regulations to make pensions to adult survivors payable for life.
Regulations 3 and 4 increase the contribution rate for participants with a 1/40th accrual rate from 9 per cent to 10 per cent with effect from 1st April 2004.
Regulations 5 to 7 and 24 amend the early retirement provisions.
Regulation 14 introduces provisions that reduce the adult survivor’s pension where the adult survivor is more than 12 years younger than the participant.