Pensions Act (Northern Ireland) 2012
2012 nia 3 · Enacted 1 June 2012 · Extends to Northern Ireland
An Act to make provision relating to pensions; and for connected purposes.
[1st June 2012]
BE IT ENACTED by being passed by the Northern Ireland Assembly and assented to by Her Majesty as follows:
Contents
- Part 1: State Pension
- 1Equalisation of and increase in pensionable age for men and women
- 2Duty to report on the impact of socio-economic background (including health indicators) in relation to retirement pension
- 3Abolition of certain additions to the state pension
- 4Consolidation of additional pension Not yet in force
- Part 2: Automatic Enrolment
- 5Automatic re-enrolment where scheme membership interrupted
- 6Earnings trigger for automatic enrolment and re-enrolment
- 7Postponement or disapplication of automatic enrolment
- 8Timing of automatic re-enrolment
- 9Review of earnings trigger and qualifying earnings band
- 10Rounded figures for earnings trigger and qualifying earnings band
- 11Qualifying schemes: administration charges Repealed
- 12Test scheme standard for schemes that produce sum of money for provision of benefits
- 13Certification that alternative to quality requirement is satisfied
- 14Certification for non-UK schemes
- 15Transitional period for defined benefits and hybrid schemes to be optional
- 16Arrangements where transitional conditions cease to be satisfied
- 17Power of managers to modify by resolution
- 18No indemnification for civil penalties
- 19Power to exempt certain cross-border employment from enrolment duty Repealed
- Part 3: Occupational Pension Schemes
- Indexation and revaluation
- 20Indexation and revaluation
- 21Indexation requirements for cash balance benefits
- Pension Protection Fund
- 22Pension Protection Fund
- Miscellaneous
- 23Payment of surplus to employer: transitional power to amend scheme
- 24Contribution notices and financial support directions
- 25Technical amendment to Schedule 4 to the Pensions Act (Northern Ireland) 2008
- 26Technical amendment to section 38(2) of the Pension Schemes (Northern Ireland) Act 1993
- Part 4: Money Purchase Benefits
- 27Definition of money purchase benefits
- 28Transitional
- 29Consequential and supplementary
- 30Power to make further provision
- 31Regulations
- Part 5: Miscellaneous and General
- Miscellaneous
- 32Grants by the Department to advisory bodies etc.
- 33Service of documents and electronic working
- General
- 34Commencement
- 35Short title
- Schedule 1: Equalisation of and increase in pensionable age for men and women: consequential amendments
- The Social Security Administration (Northern Ireland) Act 1992 (c. 8)
- 1Paragraph 1
- 2Paragraph 2
- 3Paragraph 3
- The Pensions (Northern Ireland) Order 1995 (NI 22)
- 4Paragraph 4
- The Pensions Act (Northern Ireland) 2008 (c. 1)
- 5Paragraph 5
- 6Paragraph 6
- Schedule 2: Abolition of certain additions to the state pension: consequential amendments etc. Repealed
- The Social Security Contributions and Benefits (Northern Ireland) Act 1992 (c. 7) Repealed
- 1Paragraph 1 Repealed
- 2Paragraph 2 Not yet in force
- 3Paragraph 3 Repealed
- Repeals of spent enactments Repealed
- 4Paragraph 4 Repealed
- Schedule 3: Consolidation of additional pension Not yet in force
- The Social Security Contributions and Benefits (Northern Ireland) Act 1992 (c. 7) Not yet in force
- 1Paragraph 1 Not yet in force
- 2Paragraph 2 Not yet in force
- 3Paragraph 3 Not yet in force
- 4Paragraph 4 Not yet in force
- 5Paragraph 5 Not yet in force
- 6Paragraph 6 Not yet in force
- The Pension Schemes (Northern Ireland) Act 1993 (c. 49) Not yet in force
- 7Paragraph 7 Not yet in force
- 8Paragraph 8 Not yet in force
- The Pensions (No. 2) Act (Northern Ireland) 2008 (c. 13) Not yet in force
- 9Paragraph 9 Not yet in force
- Schedule 4: Pension Protection Fund
- Requirements to obtain actuarial valuations
- 1Paragraph 1
- 2Paragraph 2
- 3Paragraph 3
- 4Paragraph 4
- 5Paragraph 5
- 6Paragraph 6
- 7Paragraph 7
- 8Paragraph 8
- 9Paragraph 9
- 10Paragraph 10
- 11Paragraph 11
- 12Paragraph 12
- 13Paragraph 13
- Requirement to obtain protected benefits quotation
- 14Paragraph 14
- 15Paragraph 15
- 16Paragraph 16
- Removal of restriction on transfer notices
- 17Paragraph 17
- Assembly control of orders and regulations
- 18Paragraph 18
- Pension credit members
- 19Paragraph 19
- 20Paragraph 20
- Postponement of compensation
- 21Paragraph 21
- 22Paragraph 22
- 23Paragraph 23
- 24Paragraph 24
- 25Paragraph 25
- 26Paragraph 26
- 27Paragraph 27
- 28Paragraph 28
- Pension compensation sharing: postponement of compensation
- 29Paragraph 29
- 30Paragraph 30
- 31Paragraph 31
- 32Paragraph 32
- 33Paragraph 33
- 34Paragraph 34
- 35Paragraph 35
- 36Paragraph 36
- Calculation of compensation: admissible rules etc.
- 37Paragraph 37