xmlns:atom="http://www.w3.org/2005/Atom"
Introductory Text
1.Title and Commencement
2.Interpretation
3.Managers and administration
4.Membership and closing the scheme to new members
5.Contributions
6.Investment of contributions
7.Benefits which may be provided
8.Payment of lump sums on death
9.Purchase of pensions on retirement
10.Leaving the AVC scheme
11.Maximum benefits
12.Surplus monies
13.Surrender at the request of the Secretary of State
14.Taxation
15.Costs
16.Prohibition on assignment or charge on benefits
Signature
SCHEDULE 1
FINAL REMUNERATION
In this Order, “final remuneration” means the greater of—
Provided that— (i) where final remuneration is computed by reference...
For the purposes of providing immediate benefits at the relevant...
Where immediate benefits are not being provided or where a...
SCHEDULE 2
1.This Schedule sets out the maximum pension payable in respect...
2.Class A contributors
3.Class B and Class C contributors
4.Contributors with deferred pension
Explanatory Note