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Schedule 6 PENSION COMPENSATION PROVISIONSF1C1C2C3C4C5C6

Northern Ireland

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

  1. Introductory
  2. Pensions in payment at assessment date
  3. Pension benefits postponed at assessment date
  4. Active members over normal pension age at assessment date
  5. Active members who have not attained normal pension age at assessment date
  6. Deferred members who have not attained normal pension age at assessment date
  7. Compensation in respect of scheme right to transfer payment or contribution refund
  8. Pension credit members who have not attained normal benefit age at assessment date
  9. Survivors who do not meet conditions for scheme benefits at assessment date
  10. Compensation in form of dependants' benefits
  11. Effect of discharge of liability during or immediately before assessment period
  12. Commutation of periodic compensation
  13. Early payment of compensation
  14. Postponement of compensation
  15. Terminal illness lump sum: eligibility
  16. Terminal illness lump sum: application
  17. Terminal illness lump sum: determination of application
  18. Terminal illness lump sum: effect of successful application
  19. Terminal illness lump sum: information
  20. Compensation cap
  21. Increasing the compensation cap in line with earnings
  22. Annual increase in periodic compensation
  23. Board's powers to alter rates of revaluation and indexation
  24. Department's powers to vary percentage paid as compensation
  25. Special provision in relation to certain pensions in payment before the assessment date
  26. Short periods of service which terminate on commencement of assessment period
  27. Power to modify Schedule in its application to certain schemes
  28. Normal pension age
  29. Scheme rules, admissible rules etc.
  30. Accrual rate, pensionable service and pensionable earnings
  31. Other definitions

Annotations

Textual amendments

F1

mod. by SR 2005/171

Modifications

C1

Sch. 6 modified (1.8.2006) by Pension Protection Fund (Pension Sharing) Regulations (Northern Ireland) 2006 (S.R. 2006/282), reg. 3(2)

C2

Sch. 6 modified by S.R. 2005/149, reg. 13A (as inserted (1.4.2009) by Pension Protection Fund (Miscellaneous Amendments) Regulations (Northern Ireland) 2009 (S.R. 2009/78), reg. 4)

C3

Sch. 6 modified by S.R. 2005/149, reg. 024(02) (as added (6.4.2010) by The Pension Protection Fund (Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/80), regs. 1(b), 4(4))

C4

Sch. 6 modified by S.R. 2005/149, reg. 23(2) (as substituted (24.7.2014) by The Pensions (2012 Act) (Transitional, Consequential and Supplementary Provisions) Regulations (Northern Ireland) 2014 (S.R. 2014/204), regs. 1(1), 59(4)(c))

C5

Sch. 6 modified by S.R. 2005/149 reg. 27(2) (as added (24.2.2018) by The Pension Protection Fund (Compensation) (Amendment) Regulations (Northern Ireland) 2018 (S.R. 2018/26), regs. 1, 2(6))

C6

Sch. 6 modified by S.R. 2005/149 reg. 28(1) (as added (2.10.2018) by The Pension Protection Fund (Pensionable Service) and Occupational Pension Schemes (Investment and Disclosure) (Amendment and Modification) Regulations (Northern Ireland) 2018 (S.R. 2018/165), regs. 1(2), 2(3))