The Pensions Increase (Commissioners of Irish Lights) Regulations 2014
S.I. 2014/563 · Made 10 March 2014
Public Service Pensions
Made 10th March 2014
Laid before Parliament 11th March 2014
Coming into force 1st April 2014
The Treasury, being satisfied that it is proper to do so, in exercise of the power conferred by section 5(3) of the Pensions (Increase) Act 1971f1 and now vested in themf2 make the following Regulations:
Annotations to the whole text
Footnotes
- f1
-
1971 c. 56, as amended by the Social Security Pensions Act 1975 (c.60), paragraph 18 of Schedule 4, article 5(3) of S.I. 1974/1264 and Schedule 3 to S.I. 1979/1451.
- f2
-
See article 2(1)(c) of S.I. 1981/1670.
Contents
- 1Citation and commencement
- 2Interpretation
- 3Application of the 1971 Act to a relevant pension after the relevant transfer
- Signature
- Explanatory note
1Citation and commencement
These Regulations may be cited as the Pensions Increase (Commissioners of Irish Lights) Regulations 2014, and come into force on 1st April 2014.
2Interpretation
In these Regulations—
-
“the 1971 Act” means the Pensions (Increase) Act 1971f1;
-
“Commissioners of Irish Lights pension scheme” means the pension scheme operated by the Commissioners of Irish Lights;
-
“deferred member” has the same meaning as in section 124 of the Pensions Act 1995f2;
-
“pensioner member” has the same meaning as in section 124 of the Pensions Act 1995f3;
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“Principal Civil Service Pension Scheme” means the pension scheme of that name established under section 1 of the Superannuation Act 1972f4;
-
“relevant pension” means the rights to benefits accrued in the Principal Civil Service Pension Scheme—
- (a)
as a result of the relevant transfer; and
- (b)
in respect of which the relevant type A person or the relevant type B person was a deferred member or a pensioner member of the Commissioners of Irish Lights pension scheme immediately before the relevant transfer;
- (a)
-
“relevant type A person” means a person who—
- (a)
immediately before the relevant transfer, had benefits accrued in the Commissioners of Irish Lights pension scheme; and
- (b)
those benefits had not been increased, in the calendar year preceding the relevant transfer, as if under an order made under section 59 of the Social Security Pensions Act 1975f5;
- (a)
-
“relevant type B person” means a person who—
- (a)
immediately before the relevant transfer, had benefits accrued in the Commissioners of Irish Lights pension scheme; and
- (b)
those benefits had been increased, in the calendar year preceding the relevant transfer, as if under an order made under section 59 of the Social Security Pensions Act 1975;
- (a)
-
“relevant transfer” means the bulk transfer, made on 1st April 2014, into the Principal Civil Service Pension Scheme, by means of a transfer payment in respect of rights to benefits accrued in the Commissioners of Irish Lights pension scheme.
3Application of the 1971 Act to a relevant pension after the relevant transfer
The provisions of the 1971 Act shall apply—
to the relevant pension of a relevant type A person as if it was deemed by section 8(2) of that Actf1 to begin on the 2nd April 2014;
to the relevant pension of a relevant type B person as if it was deemed by section 8(2) of that Act to begin on the 8th April 2013.
Signature
Signed
Mark Lancaster
Sam Gyimah
Two of the Lords Commissioners of Her Majesty’s Treasury
10th March 2014
Explanatory note
(This note is not part of the Regulations)
These Regulations modify the application of the Pensions (Increase) Act 1971 (‘the 1971 Act’) to certain of the pensions which will transfer from the Commissioners of Irish Lights pension scheme to the Principal Civil Service Pension Scheme (‘the PCSPS’) on 1st April 2014.
The Commissioners of Irish Lights is a general lighthouse authority which employs people to manage and maintain aids to navigation and to provide allied services in both Northern Ireland and the Republic of Ireland. It operates its own pension scheme. At present, some members have their pensions increased in line with Irish law and others have their pensions increased in line with UK law.
The PCSPS is an official pension listed in Schedule 2 of the 1971 Act. Pensions within the PCSPS are increased by orders made under section 59 of the Social Security Pensions Act 1975 (‘the 1975 Act’). Those pension increases take effect from when a pension ‘begins’ within the meaning of section 8 of the 1971 Act. The general rule is that a pensions ‘begins’ on the day after the last day of the member’s service.
These Regulations modify the application of the 1971 Act in relation to the deferred and pensioner members of the Commissioners of Irish Lights pension scheme who will transfer into the PCSPS.
Those deferred and pensioner members whose pensions have previously been increased in line with Irish law will retain their increases up to the date of transfer, and their pensions will be deemed to ‘begin’ on the day after the date of transfer. Accordingly, pension increases will apply to the transferred pension from the day after the date of transfer.
Those deferred and pensioner members whose pensions have been previously increased in line with UK law will retain their increases up to the date of transfer, and their pension will be deemed to ‘begin’ on 8th April 2013. They will as a result receive a pension increase for the period 8th April 2013 to 2nd April 2014, as they would have had they not transferred.
An impact assessment has not been prepared for these Regulations as no impact upon the costs of business or the voluntary sector is foreseen.