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The Superannuation (Local Government and Approved Employment) Interchange Rules 1969>

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  • Y Diweddaraf sydd Ar Gael (Diwygiedig)
  • Gwreiddiol (a wnaed Fel)

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Dyma’r fersiwn wreiddiol (fel y’i gwnaed yn wreiddiol). This item of legislation is currently only available in its original format. The electronic version of this UK Statutory Instrument has been contributed by Westlaw and is taken from the printed publication. Read more

  1. Introductory Text

  2. PART I PRELIMINARY

    1. 1.Title and commencement

    2. 2.Interpretation

    3. 3.Modifications in respect of certain approved pension schemes

    4. 4.Meaning of “prescribed period”

  3. PART II TRANSFER FROM LOCAL GOVERNMENT EMPLOYMENT TO APPROVED EMPLOYMENT

    1. 5.Persons to whom part II applies

    2. 6.Conditions for application of part II

    3. 7.Payment of transfer value

    4. 8.Exercise by local authority of discretionary powers to increase benefits

  4. PART III TRANSFER FROM APPROVED EMPLOYMENT TO LOCAL GOVERNMENT EMPLOYMENT

    1. 9.Persons to whom part III applies

    2. 10.Conditions for application of part III

    3. 11.Reckoning of service

    4. 12.Continuation of voluntary contributions

    5. 13.Computation of contributions

    6. 14.Modification of benefits and obligations in relation to National Insurance

    7. 15.Application of section 11 of the Act of 1953

    8. 16.Preservation of rights as designated employee

    9. 17.Preservation of rights as transferred poor law or rating employee

    10. 18.Period of approved employment: effect on later period of local government employment and on transfer values

    11. 19.Right of appeal

  5. PART IV MISCELLANEOUS

    1. 20.Persons participating in pension schemes

    2. 21.Extension of time

    3. 22.Interest on returned contributions

    4. 23.Revocations

  6. Signature

    1. SCHEDULE 1

      ‘EQUAL’ PENSION SCHEMES

      1. TRANSFER VALUES RECEIVABLE FROM PENSION SCHEME TRUSTEES

        1. 1.Method of calculation

        2. 2.Contributing service

        3. 3.Non-contributing service

        4. 4.Voluntary contributions

        5. 5.Added years

        6. 6.Age

        7. 7.Remuneration

        8. 8.National Insurance

        9. 9.Interest on returned contributions

        10. 10.Income tax

        11. 11.Certain employees in the gas industry

    2. SCHEDULE 2

      ‘FRACTIONAL’ PENSION SCHEMES

      1. MODIFICATIONS APPLICABLE UNDER SCHEDULE 2

        1. 1.Reckoning of service

        2. 2.Continuation of voluntary contributions

        3. 3.Certain rules not to apply

        4. 4.National Insurance modification

        5. 5.Computation of transfer value

        6. 6.Gas Manual Workers Pension Schemes

    3. SCHEDULE 3

      ‘UNEQUAL’ PENSION SCHEMES

      1. (Pension rights on entering local government employment based on remuneration...

      2. MODIFICATIONS APPLICABLE UNDER SCHEDULE 3

        1. 1.Reference in rule 10 to a transfer value

        2. 2.Reckoning of service

        3. 3.Continuation of voluntary contributions

        4. 4.Certain rules not to apply

        5. 5.Computation of transfer value

    4. SCHEDULE 4

      FURTHER ‘UNEQUAL’ PENSION SCHEMES

      1. (Pension rights on entering local government employment based on remuneration...

      2. MODIFICATIONS APPLICABLE UNDER SCHEDULE 4

        1. 1.Reference in rule 10 to a transfer value

        2. 2.Reckoning of service

        3. 3.Continuation of voluntary contributions

        4. 4.Calculation of average remuneration

        5. 5.Certain rules not to apply

        6. 6.Computation of transfer value

    5. SCHEDULE 5

      PURCHASE OF FURTHER RECKONABLE SERVICE

  8. Explanatory Note

Yn ôl i’r brig

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