- Y Diweddaraf sydd Ar Gael (Diwygiedig)
- Pwynt Penodol mewn Amser (02/04/2023)
- Gwreiddiol (a wnaed Fel)
Point in time view as at 02/04/2023.
There are currently no known outstanding effects for the The Health and Social Care Pension Scheme Regulations (Northern Ireland) 2015, PART 2.
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
3.—(1) The Department is the scheme manager and is responsible for managing or administering—
(a)this scheme, and
(b)any statutory pension scheme that is connected with it.
(2) The Department may make arrangements for any or all of the functions and responsibilities as scheme manager under these Regulations to be performed on the Department's behalf by the Regional Business Services Organisation (RBSO) M1, but any such arrangements do not affect the Department's liability for those functions and responsibilities.
Marginal Citations
M1Established by section 14 of and Schedule 3 to the Health and Social Care (Reform) Act (Northern Ireland) 2009 (2009 c.1 (N.I.))
4. There is to be a Pension Board constituted in accordance with Schedule 1 which has responsibility for assisting the scheme manager in relation to—
(a)securing compliance with these Regulations and other legislation relating to the governance and administration of—
(i)this scheme, and
(ii)any statutory pension scheme that is connected with it;
(b)securing compliance with any requirements imposed by the Pensions Regulator in relation to—
(i)this scheme, and
(ii)any statutory pension scheme that is connected with it.
5. There is to be a Scheme Advisory Board constituted in accordance with Schedule 2 which has responsibility for providing advice where requested to the Department on the desirability of changes to—
(a)this scheme; and
(b)any statutory pension scheme that is connected with it.
6.—(1) The Department must appoint a person (the scheme actuary) for the purposes of carrying out—
(a)actuarial valuations of this scheme and connected schemes required by the Department of Finance and Personnel directions given under section 11 of the 2014 Act; and
(b)such other actuarial functions as may be required in relation to this scheme or a connected scheme.
(2) Before making an appointment under paragraph (1), the Department must be satisfied that the person to be appointed is appropriately qualified.
7.—(1) The scheme actuary must carry out an actuarial valuation of this scheme and connected schemes as at the effective date.
(2) The scheme actuary must provide a valuation report to the scheme manager not later than such date as may be agreed by the Department.
(3) The effective date is—
(a)in respect of the first valuation under paragraph (1), 31st March 2016;
(b)in respect of subsequent valuations, such dates as enable the scheme to comply with Department of Finance and Personnel directions at to valuations.
8.—(1) The employer cost cap for this scheme is 12.9% of the pensionable earnings of members of the scheme.
(2) “Employer cost cap” has the same meaning as in section 12 of the 2014 Act.
9. The scheme actuary must give notice to the Department if the actuarial valuation shows that the cost of this scheme would be outside the margins specified in regulations made by the Department of Finance and Personnel pursuant to section 12(5) of the 2014 Act.
10.—(1) This regulation applies if notice is given under regulation 9.
(2) The Department must make a request to the Scheme Advisory Board—
(a)to consider the matter; and
(b)give advice to the Department as to means by which the target cost is to be achieved.
(3) The Department must consider the advice and seek to reach agreement with the Scheme Advisory Board as to the means by which the target cost is to be achieved.
(4) In acting under paragraphs (2) and (3), the Department must specify the date before which—
(a)the advice must be provided; and
(b)agreement must be reached.
11.—(1) This regulation applies if no agreement is reached as mentioned in regulation 10.
(2) If the costs of the scheme are outside the margins as mentioned in regulation 9, the Department must adjust the fraction specified in paragraph 13(3) of Schedule 7 so as to achieve the target cost.
12. An agreement under regulation 10 or an adjustment or reduction under regulation 11 must not be implemented unless—
(a)the scheme actuary certifies that the agreement or adjustment (as the case may be) will have the effect of enabling the scheme to meet the target cost; and
(b)the Department of Finance and Personnel approves the agreement or adjustment.
13. In regulations 10 to 12, “target cost” must be construed in accordance with section 12(5)(b) of the 2014 Act.
14. Schedule 3 makes provision in relation to—
(a)scheme accounts and information;
(b)claims for, and payments of, benefits;
(c)interest on late payments;
(d)assignment, offset and forfeiture;
(e)insolvency of persons entitled to benefits;
(f)determination of questions; and
(g)taxation.
The Whole Rule you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Whole Rule you have selected contains over 200 provisions and might take some time to download.
Would you like to continue?
Y Rheol Gyfan you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
Y Rhestrau you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
Y Diweddaraf sydd Ar Gael (diwygiedig):Y fersiwn ddiweddaraf sydd ar gael o’r ddeddfwriaeth yn cynnwys newidiadau a wnaed gan ddeddfwriaeth ddilynol ac wedi eu gweithredu gan ein tîm golygyddol. Gellir gweld y newidiadau nad ydym wedi eu gweithredu i’r testun eto yn yr ardal ‘Newidiadau i Ddeddfwriaeth’.
Gwreiddiol (Fel y’i Deddfwyd neu y’i Gwnaed): Mae'r wreiddiol fersiwn y ddeddfwriaeth fel ag yr oedd pan gafodd ei deddfu neu eu gwneud. Ni wnaed unrhyw newidiadau i’r testun.
Pwynt Penodol mewn Amser: This becomes available after navigating to view revised legislation as it stood at a certain point in time via Advanced Features > Show Timeline of Changes or via a point in time advanced search.
Rhychwant ddaearyddol: Indicates the geographical area that this provision applies to. For further information see ‘Frequently Asked Questions’.
Dangos Llinell Amser Newidiadau: See how this legislation has or could change over time. Turning this feature on will show extra navigation options to go to these specific points in time. Return to the latest available version by using the controls above in the What Version box.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Rule and provides information about its policy objective and policy implications. They aim to make the Statutory Rule accessible to readers who are not legally qualified and accompany any Northern Ireland Statutory Rule or Draft Northern Ireland Statutory Rule laid before the UK Parliament during the suspension of the Northern Ireland Assembly.
Gallwch wneud defnydd o ddogfennau atodol hanfodol a gwybodaeth ar gyfer yr eitem ddeddfwriaeth o’r tab hwn. Yn ddibynnol ar yr eitem ddeddfwriaeth sydd i’w gweld, gallai hyn gynnwys:
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Defnyddiwch y ddewislen hon i agor dogfennau hanfodol sy’n cyd-fynd â’r ddeddfwriaeth a gwybodaeth am yr eitem hon o ddeddfwriaeth. Gan ddibynnu ar yr eitem o ddeddfwriaeth sy’n cael ei gweld gall hyn gynnwys:
liciwch ‘Gweld Mwy’ neu ddewis ‘Rhagor o Adnoddau’ am wybodaeth ychwanegol gan gynnwys