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The Public Service Pensions Act 2013 (Commencement No. 5) Order 2014

S.I. 2014/1912 · Made 17 July 2014 · Extends to United Kingdom

Up to date with all changes known to legislation.gov.uk, revised to 6 January 2015.

Public Service Pensions

Made 17th July 2014

The Treasury make the following Order in exercise of the powers conferred by section 41(2) and (3) of the Public Service Pensions Act 2013f1:

Annotations to the whole text

Footnotes

f1

2013 c.25.

Contents

  1. 1Citation and interpretation
  2. 2Commencement of provision relating to Parliamentary and other pension schemes
  3. 3Commencement of provisions on governance, valuations and employer cost cap
  4. Signature
  5. Explanatory note

1Citation and interpretationI1

(1)

This Order may be cited as the Public Service Pensions Act 2013 (Commencement No. 5) Order 2014.

(2)

In this Order, “the Act” means the Public Service Pensions Act 2013.

2Commencement of provision relating to Parliamentary and other pension schemesI1

31st July 2014 is the day appointed for the coming into force of section 34 of the Act (Parliamentary and other pension schemes: pension age) for all purposes.

3Commencement of provisions on governance, valuations and employer cost capI1

(1)

1st April 2015 is the day appointed for the coming into force of the provisions of the Act identified in paragraph (2) for all purposes (or as the case may be, all remaining purposes), except for the purpose of making scheme regulations to establish schemes for the payment of pensions and other benefits to or in respect of local government workers in England and Wales.

(2)

The provisions are—

(a)

section 4 (scheme manager);

(b)

section 5 (pension board);

(c)

section 6 (pension board: information);

(d)

section 7 (scheme advisory board); F1and

(e)

section 11 (valuations); F2...

(f)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F3(3)

1st April 2015 is the day appointed for the coming into force of section 12 of the Act (employer cost cap) for all remaining purposes, except for the purpose of making scheme regulations to establish schemes for the payment of pensions and other benefits to or in respect of local government workers.

Signature

Signed

David Evennett

Mark Lancaster

Two of the Lords Commissioners of Her Majesty’s Treasury

17th July 2014

Explanatory note

(This note is not part of the Order)

This Order brings into force certain provisions of the Public Service Pensions Act 2013 (c.25). This is the fifth commencement order to be made under that Act.

Article 2 commences on 31st July 2014 section 34 (Parliamentary and other pension schemes: pension age).

Article 3 commences on 1st April 2015 sections 4 to 7 (governance); section 11 (valuations) and section 12 (employer cost cap) for all remaining purposes except for schemes for local government workers in England and Wales.

This Order will have no effect on the costs of business or the voluntary sector. For that reason no impact assessment has been produced for it.