Paragraph 13 I1I2
United Kingdom
An Actuarial Equivalence Statement means a statement in writing which—
(a)
is given by the Actuary or another person who is approved by the F1Minister for the Civil Service and is a Fellow of the Faculty of Actuaries or a Fellow of the Institute of Actuaries; and
(b)
certifies that actuarial value has been maintained, in accordance with paragraph 14.
Annotations
Textual amendments
- F1
Words in Sch. 2 substituted (2.4.2014) by The Transfer of Functions (Royal Mail Pension Plan) Order 2014 (S.I. 2014/500), arts. 1(2), 6(4) (with art. 4)
Commencement
- I1
Sch. 2 para. 13 not in force at made date, see art. 1(3)
- I2
Sch. 2 para. 13 in force at 1.4.2012 by S.I. 2012/966, arts. 2, 3(a)