Pt. V Ch. I (arts. 24-43) modified (1.8.2006) by Pension Protection Fund (Pension Sharing) Regulations (Northern Ireland) 2006 (S.R. 2006/282), reg. 2(2)(a)-(c)

Pt. V (arts. 24-48) power to modify conferred (6.4.2006) by Pensions (Northern Ireland) Order 2005 (S.I. 2005/255 (N.I. 1)), arts. 1(2), 294(d); S.R. 2006/95, art. 2(c), Sch. Pt. 3

Pt. V (arts. 24-48) power to modify conferred (15.12.2008) by Pensions (No. 2) Act (Northern Ireland) 2008 (c. 13), ss. 115(2)(c), 118(2)(g)

Art. 29(2) repealed (6.4.2012) by Pensions (No. 2) Act (Northern Ireland) 2008 (c. 13), s. 118(1), Sch. 10 Pt. 3; S.R. 2012/119, art. 2(c)

http://www.legislation.gov.uk/nisi/1999/3147/article/29The Welfare Reform and Pensions (Northern Ireland) Order 1999texttext/xmlenStatute Law Database2021-08-26Expert Participation2020-12-31 PART VPENSION SHARINGCHAPTER ISHARING OF RIGHTS UNDER PENSION ARRANGEMENTSPension debits
29Effect on contracted-out rights1

The Pension Schemes Act shall be amended as follows.

2

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

3

After section 11 there shall be inserted—

11AReduction of guaranteed minimum in consequence of pension debit.1

Where—

a

an earner has a guaranteed minimum in relation to the pension provided by a scheme, and

b

his right to the pension becomes subject to a pension debit,

his guaranteed minimum in relation to the scheme is, subject to subsection (2), reduced by the appropriate percentage.

2

Where the earner is in pensionable service under the scheme on the day on which the order or provision on which the pension debit depends takes effect, his guaranteed minimum in relation to the scheme is reduced by an amount equal to the appropriate percentage of the corresponding qualifying benefit.

3

For the purposes of subsection (2), the corresponding qualifying benefit is the guaranteed minimum taken for the purpose of calculating the cash equivalent by reference to which the amount of the pension debit is determined.

4

For the purposes of this section, the appropriate percentage is—

a

if the order or provision on which the pension debit depends specifies the percentage value to be transferred, that percentage;

b

if the order or provision on which the pension debit depends specifies an amount to be transferred, the percentage which the appropriate amount for the purposes of paragraph (1) of Article 26 of the Welfare Reform and Pensions (Northern Ireland) Order 1999 (lesser of specified amount and cash equivalent of transferor's benefits) represents of the amount mentioned in paragraph (3)(b) of that Article (cash equivalent of transferor's benefits).

.

4

In section 43 (entitlement to guaranteed minimum pensions for the purposes of the relationship with social security benefits), at the end there shall be added—

6

For the purposes of section 42, a person shall be treated as entitled to any guaranteed minimum pension to which he would have been entitled but for any reduction under section 11A.

.

5

In section 176(1), there shall be inserted at the appropriate place—

“ pension debit ” means a debit under Article 26(1)(a) of the Welfare Reform and Pensions (Northern Ireland) Order 1999;

.

This XML file does not appear to have any style information associated with it. The document tree is shown below.
<akomaNtoso xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xsi:schemaLocation="http://docs.oasis-open.org/legaldocml/ns/akn/3.0 http://docs.oasis-open.org/legaldocml/akn-core/v1.0/cos01/part2-specs/schemas/akomantoso30.xsd">
<portion includedIn="http://www.legislation.gov.uk/id/nisi/1999/3147">
<meta>
<identification source="#source">
<FRBRWork>
<FRBRthis value="http://www.legislation.gov.uk/id/nisi/1999/3147"/>
<FRBRuri value="http://www.legislation.gov.uk/id/nisi/1999/3147"/>
<FRBRalias value="http://www.legislation.gov.uk/id/uksi/1999/3147" name="UnitedKingdomStatutoryInstrument"/>
<FRBRdate date="1999-11-24" name="made"/>
<FRBRauthor href="http://www.legislation.gov.uk/id/government/uk"/>
<FRBRcountry value="GB-NIR"/>
<FRBRsubtype value="order"/>
<FRBRnumber value="3147"/>
<FRBRname value="S.I. 1999/3147 (N.I. 11)"/>
<FRBRprescriptive value="true"/>
</FRBRWork>
<FRBRExpression>
<FRBRthis value="http://www.legislation.gov.uk/nisi/1999/3147/article/29"/>
<FRBRuri value="http://www.legislation.gov.uk/nisi/1999/3147"/>
<FRBRalias value="http://www.legislation.gov.uk/uksi/1999/3147/article/29" name="UnitedKingdomStatutoryInstrument"/>
<FRBRdate date="2020-12-31" name="validFrom"/>
<FRBRauthor href="#source"/>
<FRBRlanguage language="eng"/>
</FRBRExpression>
<FRBRManifestation>
<FRBRthis value="http://www.legislation.gov.uk/nisi/1999/3147/article/29/data.akn"/>
<FRBRuri value="http://www.legislation.gov.uk/nisi/1999/3147/data.akn"/>
<FRBRalias value="http://www.legislation.gov.uk/uksi/1999/3147/article/29/data.akn" name="UnitedKingdomStatutoryInstrument"/>
<FRBRdate date="2024-11-12Z" name="transform"/>
<FRBRauthor href="http://www.legislation.gov.uk"/>
<FRBRformat value="application/akn+xml"/>
</FRBRManifestation>
</identification>
<classification source="#source">
<keyword value="" showAs="" dictionary="http://www.legislation.gov.uk"/>
</classification>
<lifecycle source="#source">
<eventRef date="1999-11-24" type="generation" eId="made-date" source="#source"/>
<eventRef date="2006-01-01" type="amendment" source="#source"/>
<eventRef date="2012-04-06" type="amendment" source="#source"/>
<eventRef date="2012-04-06" eId="effective-date-1" source="#source"/>
<eventRef date="2012-06-07" eId="effective-date-2" source="#source"/>
<eventRef date="2016-04-06" eId="effective-date-3" source="#source"/>
<eventRef date="2017-09-27" eId="effective-date-4" source="#source"/>
<eventRef date="2020-12-31" eId="effective-date-5" source="#source"/>
</lifecycle>
<analysis source="#source">
<restrictions source="#source">
<restriction refersTo="#ni" type="jurisdiction"/>
<restriction href="#article-29" refersTo="#ni" type="jurisdiction"/>
</restrictions>
</analysis>
<temporalData source="#source">
<temporalGroup eId="period1">
<timeInterval start="#effective-date-1" refersTo="#period-concept1"/>
</temporalGroup>
<temporalGroup eId="period2">
<timeInterval start="#effective-date-2" refersTo="#period-concept2"/>
</temporalGroup>
<temporalGroup eId="period3">
<timeInterval start="#effective-date-3" refersTo="#period-concept3"/>
</temporalGroup>
<temporalGroup eId="period4">
<timeInterval start="#effective-date-4" refersTo="#period-concept4"/>
</temporalGroup>
<temporalGroup eId="period5">
<timeInterval start="#effective-date-5" refersTo="#period-concept5"/>
</temporalGroup>
</temporalData>
<references source="#source">
<TLCOrganization eId="source" href="http://www.legislation.gov.uk/id/publisher/StatuteLawDatabase" showAs="Statute Law Database"/>
<TLCLocation eId="ni" href="/ontology/jurisdictions/uk.NorthernIreland" showAs="Northern Ireland"/>
<TLCConcept eId="period-concept1" href="/ontology/time/2012.04.06" showAs="since 2012-04-06"/>
<TLCConcept eId="period-concept2" href="/ontology/time/2012.06.07" showAs="since 2012-06-07"/>
<TLCConcept eId="period-concept3" href="/ontology/time/2016.04.06" showAs="since 2016-04-06"/>
<TLCConcept eId="period-concept4" href="/ontology/time/2017.09.27" showAs="since 2017-09-27"/>
<TLCConcept eId="period-concept5" href="/ontology/time/2020.12.31" showAs="since 2020-12-31"/>
</references>
<notes source="#source">
<note class="commentary C" eId="c19641931">
<p>
<ref href="http://www.legislation.gov.uk/id/nisi/1999/3147/part/V/chapter/I">Pt. V Ch. I</ref>
(arts. 24-43) modified (1.8.2006) by
<ref href="http://www.legislation.gov.uk/id/nisr/2006/282">Pension Protection Fund (Pension Sharing) Regulations (Northern Ireland) 2006 (S.R. 2006/282)</ref>
,
<rref from="http://www.legislation.gov.uk/id/nisr/2006/282/regulation/2/2/a" upTo="http://www.legislation.gov.uk/id/nisr/2006/282/regulation/2/2/c">reg. 2(2)(a)-(c)</rref>
</p>
</note>
<note class="commentary C" eId="c19641901">
<p>
<ref href="http://www.legislation.gov.uk/id/nisi/1999/3147/part/V">Pt. V</ref>
(arts. 24-48) power to modify conferred (6.4.2006) by
<ref href="http://www.legislation.gov.uk/id/nisi/2005/255">Pensions (Northern Ireland) Order 2005 (S.I. 2005/255 (N.I. 1))</ref>
,
<ref href="http://www.legislation.gov.uk/id/nisi/2005/255/article/1/2">arts. 1(2)</ref>
,
<ref href="http://www.legislation.gov.uk/id/nisi/2005/255/article/294/d">294(d)</ref>
;
<ref href="http://www.legislation.gov.uk/id/nisr/2006/95">S.R. 2006/95</ref>
,
<ref href="http://www.legislation.gov.uk/id/nisr/2006/95/article/2/c">art. 2(c)</ref>
,
<ref href="http://www.legislation.gov.uk/id/nisr/2006/95/schedule/part/3">Sch. Pt. 3</ref>
</p>
</note>
<note class="commentary C" eId="c21163181">
<p>
<ref href="http://www.legislation.gov.uk/id/nisi/1999/3147/part/V">Pt. V</ref>
(arts. 24-48) power to modify conferred (15.12.2008) by
<ref href="http://www.legislation.gov.uk/id/nia/2008/13">Pensions (No. 2) Act (Northern Ireland) 2008 (c. 13)</ref>
,
<ref href="http://www.legislation.gov.uk/id/nia/2008/13/section/115/2/c">ss. 115(2)(c)</ref>
,
<ref href="http://www.legislation.gov.uk/id/nia/2008/13/section/118/2/g">118(2)(g)</ref>
</p>
</note>
<note class="commentary F" eId="key-ad0a0fa4f4229a3e4914aa04e3831bed">
<p>
<ref href="http://www.legislation.gov.uk/id/nisi/1999/3147/article/29/2">Art. 29(2)</ref>
repealed (6.4.2012) by
<ref href="http://www.legislation.gov.uk/id/nia/2008/13">Pensions (No. 2) Act (Northern Ireland) 2008 (c. 13)</ref>
,
<ref href="http://www.legislation.gov.uk/id/nia/2008/13/section/118/1">s. 118(1)</ref>
,
<ref href="http://www.legislation.gov.uk/id/nia/2008/13/schedule/10/part/3">Sch. 10 Pt. 3</ref>
;
<ref href="http://www.legislation.gov.uk/id/nisr/2012/119">S.R. 2012/119</ref>
,
<ref href="http://www.legislation.gov.uk/id/nisr/2012/119/article/2/c">art. 2(c)</ref>
</p>
</note>
</notes>
<proprietary xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:ukm="http://www.legislation.gov.uk/namespaces/metadata" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:dct="http://purl.org/dc/terms/" xmlns:atom="http://www.w3.org/2005/Atom" source="#source">
<ukl:RestrictStartDate value="2020-12-31"/>
<dc:identifier>http://www.legislation.gov.uk/nisi/1999/3147/article/29</dc:identifier>
<dc:title>The Welfare Reform and Pensions (Northern Ireland) Order 1999</dc:title>
<dc:type>text</dc:type>
<dc:format>text/xml</dc:format>
<dc:language>en</dc:language>
<dc:publisher>Statute Law Database</dc:publisher>
<dc:subject scheme="SIheading"/>
<dc:modified>2021-08-26</dc:modified>
<dc:contributor>Expert Participation</dc:contributor>
<dct:valid>2020-12-31</dct:valid>
<atom:link rel="self" href="http://www.legislation.gov.uk/nisi/1999/3147/article/29/data.xml" type="application/xml"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/resources" href="http://www.legislation.gov.uk/nisi/1999/3147/resources" title="More Resources"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/act" href="http://www.legislation.gov.uk/nisi/1999/3147" title="whole act"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/introduction" href="http://www.legislation.gov.uk/nisi/1999/3147/introduction" title="introduction"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/body" href="http://www.legislation.gov.uk/nisi/1999/3147/body" title="body"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/schedules" href="http://www.legislation.gov.uk/nisi/1999/3147/schedules" title="schedules"/>
<atom:link rel="alternate" type="application/rdf+xml" href="http://www.legislation.gov.uk/nisi/1999/3147/article/29/data.rdf" title="RDF/XML"/>
<atom:link rel="alternate" type="application/akn+xml" href="http://www.legislation.gov.uk/nisi/1999/3147/article/29/data.akn" title="AKN"/>
<atom:link rel="alternate" type="application/xhtml+xml" href="http://www.legislation.gov.uk/nisi/1999/3147/article/29/data.xht" title="HTML snippet"/>
<atom:link rel="alternate" type="text/html" href="http://www.legislation.gov.uk/nisi/1999/3147/article/29/data.htm" title="Website (XHTML) Default View"/>
<atom:link rel="alternate" type="text/csv" href="http://www.legislation.gov.uk/nisi/1999/3147/article/29/data.csv" title="CSV"/>
<atom:link rel="alternate" type="application/pdf" href="http://www.legislation.gov.uk/nisi/1999/3147/article/29/data.pdf" title="PDF"/>
<atom:link rel="alternate" type="application/akn+xhtml" href="http://www.legislation.gov.uk/nisi/1999/3147/article/29/data.html" title="HTML5 snippet"/>
<atom:link rel="http://purl.org/dc/terms/tableOfContents" hreflang="en" href="http://www.legislation.gov.uk/nisi/1999/3147/contents" title="Table of Contents"/>
<atom:link rel="http://purl.org/dc/terms/replaces" href="http://www.legislation.gov.uk/nisi/1999/3147/article/29/2006-01-01" title="2006-01-01"/>
<atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/nisi/1999/3147/article/29/made" title="made"/>
<atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/nisi/1999/3147/article/29/2006-01-01" title="2006-01-01"/>
<atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/nisi/1999/3147/article/29/2012-04-06" title="2012-04-06"/>
<atom:link rel="up" href="http://www.legislation.gov.uk/nisi/1999/3147" title="Entire legislation"/>
<atom:link rel="prev" href="http://www.legislation.gov.uk/nisi/1999/3147/article/28" title="Provision; Article 28"/>
<atom:link rel="prevInForce" href="http://www.legislation.gov.uk/nisi/1999/3147/article/28" title="Provision; Article 28"/>
<atom:link rel="next" href="http://www.legislation.gov.uk/nisi/1999/3147/article/30" title="Provision; Article 30"/>
<atom:link rel="nextInForce" href="http://www.legislation.gov.uk/nisi/1999/3147/article/30" title="Provision; Article 30"/>
<ukm:SecondaryMetadata>
<ukm:DocumentClassification>
<ukm:DocumentCategory Value="secondary"/>
<ukm:DocumentMainType Value="NorthernIrelandOrderInCouncil"/>
<ukm:DocumentStatus Value="revised"/>
<ukm:DocumentMinorType Value="order"/>
</ukm:DocumentClassification>
<ukm:Year Value="1999"/>
<ukm:Number Value="3147"/>
<ukm:AlternativeNumber Category="NI" Value="11"/>
<ukm:Made Date="1999-11-24"/>
</ukm:SecondaryMetadata>
<ukm:Alternatives>
<ukm:Alternative Date="2008-11-13" URI="http://www.legislation.gov.uk/nisi/1999/3147/pdfs/uksi_19993147_en.pdf" Title="Print Version"/>
</ukm:Alternatives>
<ukm:Statistics>
<ukm:TotalParagraphs Value="131"/>
<ukm:BodyParagraphs Value="106"/>
<ukm:ScheduleParagraphs Value="25"/>
<ukm:AttachmentParagraphs Value="0"/>
<ukm:TotalImages Value="0"/>
</ukm:Statistics>
</proprietary>
</meta>
<portionBody period="#period4">
<part eId="part-V" period="#period3">
<num>
<noteRef href="#c19641901" marker="C2" class="commentary C"/>
<noteRef href="#c21163181" marker="C3" class="commentary C"/>
PART V
</num>
<heading>PENSION SHARING</heading>
<chapter eId="part-V-chapter-I" period="#period2">
<num>
<noteRef href="#c19641931" marker="C1" class="commentary C"/>
CHAPTER I
</num>
<heading>SHARING OF RIGHTS UNDER PENSION ARRANGEMENTS</heading>
<hcontainer name="crossheading" eId="part-V-chapter-I-crossheading-pension-debits" period="#period1">
<heading>
<em>Pension debits</em>
</heading>
<article eId="article-29" period="#period1">
<num>29</num>
<heading>Effect on contracted-out rights</heading>
<paragraph eId="article-29-1">
<num>1</num>
<content>
<p>The Pension Schemes Act shall be amended as follows.</p>
</content>
</paragraph>
<paragraph eId="article-29-2">
<num>
<noteRef href="#key-ad0a0fa4f4229a3e4914aa04e3831bed" marker="F1" class="commentary F"/>
2
</num>
<content>
<p>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .</p>
</content>
</paragraph>
<paragraph eId="article-29-3">
<num>3</num>
<content>
<p>After section 11 there shall be inserted—</p>
<p class="BlockAmendment">
<mod>
<quotedStructure class="unknown unknown unknown default" startQuote="" endQuote="">
<article eId="d4e115">
<num>11A</num>
<heading>Reduction of guaranteed minimum in consequence of pension debit.</heading>
<paragraph eId="d4e119">
<num>1</num>
<intro>
<p>Where—</p>
</intro>
<subparagraph eId="d4e125">
<num>a</num>
<content>
<p>an earner has a guaranteed minimum in relation to the pension provided by a scheme, and</p>
</content>
</subparagraph>
<subparagraph eId="d4e131">
<num>b</num>
<content>
<p>his right to the pension becomes subject to a pension debit,</p>
</content>
</subparagraph>
<wrapUp>
<p>his guaranteed minimum in relation to the scheme is, subject to subsection (2), reduced by the appropriate percentage.</p>
</wrapUp>
</paragraph>
<paragraph eId="d4e139">
<num>2</num>
<content>
<p>Where the earner is in pensionable service under the scheme on the day on which the order or provision on which the pension debit depends takes effect, his guaranteed minimum in relation to the scheme is reduced by an amount equal to the appropriate percentage of the corresponding qualifying benefit.</p>
</content>
</paragraph>
<paragraph eId="d4e145">
<num>3</num>
<content>
<p>For the purposes of subsection (2), the corresponding qualifying benefit is the guaranteed minimum taken for the purpose of calculating the cash equivalent by reference to which the amount of the pension debit is determined.</p>
</content>
</paragraph>
<paragraph eId="d4e151">
<num>4</num>
<intro>
<p>For the purposes of this section, the appropriate percentage is—</p>
</intro>
<subparagraph eId="d4e157">
<num>a</num>
<content>
<p>if the order or provision on which the pension debit depends specifies the percentage value to be transferred, that percentage;</p>
</content>
</subparagraph>
<subparagraph eId="d4e163">
<num>b</num>
<content>
<p>if the order or provision on which the pension debit depends specifies an amount to be transferred, the percentage which the appropriate amount for the purposes of paragraph (1) of Article 26 of the Welfare Reform and Pensions (Northern Ireland) Order 1999 (lesser of specified amount and cash equivalent of transferor's benefits) represents of the amount mentioned in paragraph (3)(b) of that Article (cash equivalent of transferor's benefits).</p>
</content>
</subparagraph>
</paragraph>
</article>
</quotedStructure>
</mod>
<inline name="AppendText">.</inline>
</p>
</content>
</paragraph>
<paragraph eId="article-29-4">
<num>4</num>
<content>
<p>In section 43 (entitlement to guaranteed minimum pensions for the purposes of the relationship with social security benefits), at the end there shall be added—</p>
<p class="BlockAmendment">
<mod>
<quotedStructure class="unknown unknown unknown default" startQuote="" endQuote="">
<paragraph eId="d4e178">
<num>6</num>
<content>
<p>For the purposes of section 42, a person shall be treated as entitled to any guaranteed minimum pension to which he would have been entitled but for any reduction under section 11A.</p>
</content>
</paragraph>
</quotedStructure>
</mod>
<inline name="AppendText">.</inline>
</p>
</content>
</paragraph>
<paragraph eId="article-29-5">
<num>5</num>
<content>
<p>In section 176(1), there shall be inserted at the appropriate place—</p>
<p class="BlockAmendment">
<mod>
<quotedStructure class="unknown unknown unknown default" startQuote="" endQuote="">
<p>
<mod>
<quotedText>“ pension debit ”</quotedText>
</mod>
means a debit under Article 26(1)(a) of the Welfare Reform and Pensions (Northern Ireland) Order 1999;
</p>
</quotedStructure>
</mod>
<inline name="AppendText">.</inline>
</p>
</content>
</paragraph>
</article>
</hcontainer>
</chapter>
</part>
</portionBody>
</portion>
</akomaNtoso>