- Y Diweddaraf sydd Ar Gael (Diwygiedig)
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The Railways Pension Scheme Order 1994
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Payment of Members' Contributions
5C All Members' contributions shall be due and payable at the same times as remuneration from the Participating Employer is usually received and each Participating Employer may deduct the appropriate amount from that remuneration. All amounts so deducted by each Participating Employer shall be immediately segregated by the Participating Employer from its own assets and held on trust for the Trustee and paid within 7 working days to the Trustee. The Participating Employer shall pay interest on such contributions where payment is late as set out in Clause 5D. The Trustee may, however, agree with a Member that his contributions should be paid in some other manner.
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