Pensions Act 2004, Section 248A is up to date with all changes known to be in force on or before 06 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
(1)This section applies to every individual who is a member of the pension board of a public service pension scheme.
(2)An individual to whom this section applies must be conversant with—
(a)the rules of the scheme, and
(b)any document recording policy about the administration of the scheme which is for the time being adopted in relation to the scheme.
(3)An individual to whom this section applies must have knowledge and understanding of—
(a)the law relating to pensions, and
(b)such other matters as may be prescribed.
(4)The degree of knowledge and understanding required by subsection (3) is that appropriate for the purposes of enabling the individual properly to exercise the functions of a member of the pension board.]
Textual Amendments
F1S. 248A inserted (1.4.2015) by Public Service Pensions Act 2013 (c. 25), s. 41(2), Sch. 4 para. 19 (with Sch. 11 para. 8); S.I. 2015/4, art. 4(1)(b)
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