Pensions Act (Northern Ireland) 2015 No. 5

PART 6 N.I. PRIVATE PENSIONS

Transfer of pension benefits N.I.

Automatic transfer of pension benefits etc. N.I.

32  Schedule17—

(a) requires the Department to make regulations under which, in certain circumstances, the cash equivalent of a person's accrued rights to benefits under a pension scheme must be transferred to another scheme of which the person is an active member;

(b) permits the Department to make regulations requiring accounts relating to a person's accrued rights to benefits under a pension scheme to be merged in certain circumstances.

Commencement Information

I1 S. 32 in operation at 16.7.2015 for specified purposes by S.R. 2015/307, art. 2(1)(m)