- Latest available (Revised)
- Point in Time (16/01/2016)
- Original (As enacted)
Pension Schemes Act (Northern Ireland) 2016
You are here:
- Acts of the Northern Ireland Assembly
- 2016 c. 1
- Schedules only
What Version
Advanced Features
- Show Geographical Extent(e.g. England, Wales, Scotland and Northern Ireland)
- Show Timeline of Changes
Opening Options
More Resources
Changes over time for: Pension Schemes Act (Northern Ireland) 2016 (Schedules only)
Version Superseded: 01/08/2022
Alternative versions:
- 16/01/2016- Amendment
- 16/01/2016
Point in time - 01/08/2022- Amendment
Status:
Point in time view as at 16/01/2016.
Changes to legislation:
There are currently no known outstanding effects for the Pension Schemes Act (Northern Ireland) 2016.
Changes to Legislation
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
SCHEDULES
Prospective
Section 40.
F1SCHEDULE 1N.I.EARLY LEAVERS: REVALUATION OF ACCRUED BENEFITS
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F1Sch. 1 omitted (1.8.2022) by virtue of Pension Schemes Act 2021 (c. 1), s. 131(2)(d)(3)(c), Sch. 11 para. 16(d); S.R. 2022/197, art. 3(f)
Section 47.
SCHEDULE 2N.I.OTHER AMENDMENTS TO DO WITH PARTS 1 AND 2
Valid from 01/08/2022
Pension Schemes (Northern Ireland) Act 1993 (c. 49)N.I.
Prospective
F21 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .N.I.
Textual Amendments
F2Sch. 2 paras. 1-19 omitted (1.8.2022) by virtue of Pension Schemes Act 2021 (c. 1), s. 131(2)(d)(3)(c), Sch. 11 para. 16(e)(i); S.R. 2022/197, art. 3(f)
Prospective
2 In section 79 (scope of provisions about revaluation of benefits excluding guaranteed minimum pensions), in subsection (4), for paragraph (a) (but not the “and” at the end) substitute—N.I.
“(a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .”.
(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Prospective
4 In section 120 (duty of the Department for Employment and Learning to pay unpaid contributions to schemes), for subsection (3A) substitute—N.I.
“(3A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .”.
Prospective
5—(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .N.I.
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Prospective
Pensions (Northern Ireland) Order 1995 (NI 22)N.I.
6 The 1995 Order is amended as follows.N.I.
7 In Article 37 (payment of surplus to employer) in paragraph (1A)—N.I.
(a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8 In Article 38 (power to defer winding up), in paragraph (3), for sub-paragraph (a) (but not the “or” at the end) substitute—N.I.
“(a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .”.
9 In Article 51 (annual increase in rate of pension), in paragraph (1)(a)(iii), for “is not a money purchase scheme” substitute “ is not a defined contributions scheme ”.N.I.
10 In Article 51A (restrictions on increase where annuity tied to investments), in paragraph (1), for “money purchase scheme” substitute “ defined contributions scheme ”.N.I.
11 In Article 73 (preferential liabilities on winding up), for paragraph (2) substitute—N.I.
“(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(2A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .”.
12 In Article 75 (employer debt where deficiency in assets on winding up etc), for paragraph (1) substitute—N.I.
“(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(1A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(1B) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .”.
13—(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .N.I.
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
14 For the italic cross-heading above Article 85 substitute “ Schemes providing money purchase benefits ”.N.I.
15 In the heading to Article 86 (schedules of payments to money purchase schemes: supplementary), for “to money purchase schemes” substitute “ in respect of money purchase benefits under certain schemes ”.N.I.
16—(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .N.I.
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
17 In Article 121 (interpretation), in paragraph (1), at the appropriate places insert—N.I.
““collective benefit” has the meaning given by section 8 of the Pension Schemes Act (Northern Ireland) 2016;”,
““defined benefits scheme” has the meaning given by section 2 of the Pension Schemes Act (Northern Ireland) 2016;”,
““defined contributions scheme” has the meaning given by section 4 of the Pension Schemes Act (Northern Ireland) 2016;”,
““occupational”, in relation to a defined benefits scheme, shared risk scheme or defined contributions scheme, means an occupational pension scheme of that description;”,
““shared risk scheme” has the meaning given by section 3 of the Pension Schemes Act (Northern Ireland) 2016;”.
18—(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .N.I.
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Valid from 01/08/2022
Welfare Reform and Pensions (Northern Ireland) Order 1999 (NI 11)N.I.
Prospective
F219 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .N.I.
Textual Amendments
F2Sch. 2 paras. 1-19 omitted (1.8.2022) by virtue of Pension Schemes Act 2021 (c. 1), s. 131(2)(d)(3)(c), Sch. 11 para. 16(e)(i); S.R. 2022/197, art. 3(f)
Pensions (Northern Ireland) Order 2005 (NI 1)N.I.
Prospective
20 The 2005 Order is amended as follows.N.I.
Prospective
21—(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .N.I.
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
22 In Article 9 (improvement notices), in paragraph (7)—N.I.
(a)omit the “, or” at the end of sub-paragraph (e);
(b)after sub-paragraph (f) insert
“, or
(g)the Pension Schemes Act (Northern Ireland) 2016.”.
Prospective
F323 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .N.I.
Textual Amendments
F3Sch. 2 paras. 23-27 omitted (1.8.2022) by virtue of Pension Schemes Act 2021 (c. 1), s. 131(2)(d)(3)(c), Sch. 11 para. 16(e)(iii); S.R. 2022/197, art. 3(f)
Prospective
24—(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .N.I.
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Prospective
25 In Article 34 (contribution notices where avoidance of employer debt), for paragraph (1) substitute—N.I.
“(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(1A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(1B) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .”.
Prospective
26—(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .N.I.
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Prospective
F327 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .N.I.
Textual Amendments
F3Sch. 2 paras. 23-27 omitted (1.8.2022) by virtue of Pension Schemes Act 2021 (c. 1), s. 131(2)(d)(3)(c), Sch. 11 para. 16(e)(iii); S.R. 2022/197, art. 3(f)
28—(1) Article 85 (codes of practice) is amended as follows.N.I.
(2) In paragraph (2)(i), for “money purchase schemes” substitute “ certain schemes ”.
(3) In paragraph (6), in the definition of “the pensions legislation”—
(a)omit the “or” at the end of paragraph (c);
(b)after paragraph (d) insert—
“(e)Schedule 18 to the Pensions Act (Northern Ireland) 2015, or
(f)the Pension Schemes Act (Northern Ireland) 2016.”.
Prospective
29 In Article 110 (schemes eligible for pension protection), for paragraph (1) substitute—N.I.
“(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(1A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(1B) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .”.
Prospective
30 For Article 200 (application of scheme funding rules in Part 4), substitute—N.I.
“Pension schemes to which this Part appliesN.I.
200—(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .”.
31 In Article 231 (representative of non-European scheme to be treated as trustee), in paragraph (3)—N.I.
(a)omit the “or” at the end of sub-paragraph (c);
(b)after sub-paragraph (d) insert
“, or
(e)the Pension Schemes Act (Northern Ireland) 2016.”.
Prospective
32 In Article 235 (pension protection on transfer of employment: form of protection), in paragraph (2)—N.I.
(a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
33 In Article 267 (duty of trustees or managers to act consistently with law of host EEA state), in paragraph (4)—N.I.
(a)omit the “or” at the end of sub-paragraph (c);
(b)after sub-paragraph (d) insert
“, or
(e)the Pension Schemes Act (Northern Ireland) 2016.”.
Prospective
F434 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .N.I.
Textual Amendments
F4Sch. 2 paras. 34-47 omitted (1.8.2022) by virtue of Pension Schemes Act 2021 (c. 1), s. 131(2)(d)(3)(c), Sch. 11 para. 16(e)(vi); S.R. 2022/197, art. 3(f)
Prospective
Pensions (No. 2) Act (Northern Ireland) 2008 (c. 13)N.I.
35 The Pensions (No2) Act (Northern Ireland) 2008 is amended as follows.N.I.
36—(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .N.I.
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
37 In section 21 (quality requirement: UK defined benefits schemes) for “A defined benefits scheme” substitute “ An occupational defined benefits scheme ”.N.I.
38 In section 23A (alternative quality requirements for UK defined benefits schemes), in subsection (1), for “a defined benefits scheme” substitute “ an occupational defined benefits scheme ”.N.I.
39—(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .N.I.
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
40—(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .N.I.
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
41—(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .N.I.
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
42 For the heading to section 29 substitute “ Transitional periods for certain schemes ”.N.I.
43—(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .N.I.
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(8) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(9) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(10) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
44 In section 35 (compliance notices), in subsection (5), for “a defined benefits scheme or a hybrid scheme” substitute “ an occupational defined benefits scheme or a shared risk scheme ”.N.I.
45 In section 38 (calculation and payment of contributions), in subsection (2)(e), for “a money purchase scheme, a hybrid scheme or a personal pension scheme” substitute “ a defined contributions scheme or a shared risk scheme ”.N.I.
46—(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .N.I.
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Valid from 01/08/2022
Pensions Act (Northern Ireland) 2015 (c. 5)N.I.
Prospective
F447 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .N.I.
Textual Amendments
F4Sch. 2 paras. 34-47 omitted (1.8.2022) by virtue of Pension Schemes Act 2021 (c. 1), s. 131(2)(d)(3)(c), Sch. 11 para. 16(e)(vi); S.R. 2022/197, art. 3(f)
Options/Help
Print Options
PrintThe Whole Act
PrintThe Schedules only
Legislation is available in different versions:
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Point in Time: This becomes available after navigating to view revised legislation as it stood at a certain point in time via Advanced Features > Show Timeline of Changes or via a point in time advanced search.
See additional information alongside the content
Geographical Extent: Indicates the geographical area that this provision applies to. For further information see ‘Frequently Asked Questions’.
Show Timeline of Changes: See how this legislation has or could change over time. Turning this feature on will show extra navigation options to go to these specific points in time. Return to the latest available version by using the controls above in the What Version box.
Opening Options
Different options to open legislation in order to view more content on screen at once
Explanatory Notes
Text created by the Northern Ireland Assembly department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes accompany all Acts of the Northern Ireland Assembly.
More Resources
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
- the original print PDF of the as enacted version that was used for the print copy
- lists of changes made by and/or affecting this legislation item
- confers power and blanket amendment details
- all formats of all associated documents
- correction slips
- links to related legislation and further information resources
Timeline of Changes
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
More Resources
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
- the original print PDF of the as enacted version that was used for the print copy
- correction slips
Click 'View More' or select 'More Resources' tab for additional information including:
- lists of changes made by and/or affecting this legislation item
- confers power and blanket amendment details
- all formats of all associated documents
- links to related legislation and further information resources
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.