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CHAPTER 1
Amendments to the Firefighters’ Pension Scheme Order 1992
39. The Firefighters’ Pension Scheme Order 1992() is amended in accordance with regulations 40 and 41.
Increases to split pensions: 1992 Scheme
40. In rule B5A (entitlement to two pensions)() after paragraph (3) insert—
“(3A) The amount of the first pension determined under paragraph (3) or (4B)(a), is increased for each year before the firefighter’s last day of service by an amount equivalent to that which would apply if the first pension were a pension in payment commencing from the day after the date of the firefighter’s last day of service at the higher rate of pay, to which the Pensions (Increase) Act 1971() applied.”.
Commutation of small pension credits: 1992 Scheme
41. In rule IA2(1)() (commutation of the pension credit benefits), for “In the circumstances described in regulation 3(2)(b) of the Pension Sharing (Pension Credit Benefit) Regulations 2000 (commutation of pension credit benefit: small pensions)” substitute “Where the amount of pension payable under rule IA1 does not exceed the trivial commutation lump sum limit in paragraph 7 of Schedule 29 to the Finance Act 2004 (lump sum rule)()”.
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