Explanatory Note
(This note is not part of the Regulations.)
These Regulations amend the Health and Personal Social Services (Superannuation) (Additional Voluntary Contributions) Regulations 1999 (S.R. 1999 No. 294) (“the principal Regulations”) which make provision for the payment of additional contributions by persons who are members of the Health and Personal Social Services Superannuation Scheme (“the HPSS Superannuation Scheme”) as constituted by the Health and Personal Social Services (Superannuation) Regulations (Northern Ireland) 1995 (“the 1995 Regulations”).
Regulation 9 has retrospective effect from 1st December 1999 as authorised by Article 14(1) of the Superannuation (Northern Ireland) Order 1972.
Regulations 1 and 2 provide for the citation, commencement and interpretation of the Regulations.
In addition to minor amendments to the principal Regulations provision is made for members of the HPSS Superannuation Scheme who have paid additional contributions and secured additional benefits under the principal Regulations to defer the purchase of an annuity, until a time of their choosing, up to and including age 75.