Search Legislation

The Occupational and Personal Pension Schemes (Miscellaneous Amendments) Regulations 1992

 Help about what version

What Version

  • Latest available (Revised)
  • Original (As made)
 Help about opening options

Opening OptionsExpand opening options

Status:

This is the original version (as it was originally made). This item of legislation is currently only available in its original format.

Amendment of regulation 3 of the Preservation of Benefit Regulations

34.  In regulation 3 of the Preservation of Benefit Regulations (meaning of “member” and “prospective member”) for paragraphs (2) and (3) there shall be substituted the following paragraphs—

(2) There are to be regarded as members of an occupational pension scheme any persons who—

(a)are in pensionable service under the scheme;

(b)have rights under the scheme by virtue of such pensionable service; or

(c)have rights under the scheme by virtue of having been allowed transfer credits under the scheme.

(3) There are to be regarded as prospective members of an occupational pension scheme—

(a)any persons who are able, at their own option, to become members of the scheme, and

(b)any persons who under the terms of their contracts of service and the scheme rules will become so able, if they continue in the same employment for a sufficiently long period..

Back to top

Options/Help