The Pensions Increase (Civil Service Supplementary (Earnings Cap) Pension Scheme 1994) Regulations 1995

Statutory Instruments

1995 No. 1683

PENSIONS

The Pensions Increase (Civil Service Supplementary (Earnings Cap) Pension Scheme 1994) Regulations 1995

Made

3rd July 1995

Laid before Parliament

4th July 1995

Coming into force

25th July 1995

The Treasury, in exercise of the powers conferred by section 5(2) and (4) of the Pensions (Increase) Act 1971(1) and now vested in them(2), hereby make the following Regulations:—

Citation and commencement

1.  These Regulations may be cited as the Pensions Increase (Civil Service Supplementary (Earnings Cap) Pension Scheme 1994) Regulations 1995, and shall come into force on 25th July 1995.

Interpretation

2.—(1) In these Regulations—

“the 1971 Act” means the Pensions (Increase) Act 1971;

“pension” means a pension within the meaning of the 1971 Act;

“the scheme” means the Civil Service Supplementary (Earnings Cap) Pension Scheme 1994.

(2) For the purposes of these Regulations the time when a pension “begins” is that stated in section 8(2) of the 1971 Act(3).

Pensions to which the 1971 Act will apply

3.  The 1971 Act shall have effect in relation to any pensions payable under the scheme (being a scheme made under section 1 of the Superannuation Act 1972(4)) as if they were pensions specified in Part I of Schedule 2 to the 1971 Act.

Date from which increases of pension are to have effect

4.  Any increase of pension payable by virtue of these Regulations shall have effect in respect of any pension beginning on or after 2nd March 1992.

Andrew Mitchell

Derek Conway

Two of the Lords Commissioners of Her Majesty’s Treasury

3rd July 1995

Explanatory Note

(This note is not part of the Regulations)

These Regulations apply the provisions of the Pensions (Increase) Act 1971 to any pensions payable under the Civil Service Supplementary (Earnings Cap) Pension Scheme 1994 (being a superannuation scheme made under section 1 of the Superannuation Act 1972). Section 5(4) of the 1971 Act confers power to provide for increases to take effect retrospectively. Regulation 4 permits increases in respect of any pension beginning on or after 2 March 1992.

(1)

1971 c. 56.

(2)

By virtue of article 2(1)(c) of the Transfer of Functions (Minister for the Civil Service and Treasury) Order 1981 (S.I. 1981/1670).

(3)

Section 8(2) was amended by section 1(5) of the Pensions (Miscellaneous Provisions) Act 1990 (c. 7).

(4)

1972 c. 11; section 1 was amended by section 8(1) and (2) of the Pensions (Miscellaneous Provisions) Act 1990 (c. 7).