The Occupational Pension Schemes (Scheme Funding) Regulations (Northern Ireland) 2005

Schedule of contributions

9.—(1) A schedule of contributions for a scheme must be prepared within 15 months after the effective date of the first actuarial valuation following the establishment of the scheme.

(2) Where a schedule of contributions has been prepared, it must be reviewed and, if necessary, revised—

(a)within 15 months after the effective date of each subsequent actuarial valuation under Article 203(1)(a);

(b)within whichever period is applicable under regulation 7(2)(b) after any valuation under Article 203(1)(b) and regulation 7(1), and

(c)within a reasonable period after any revision of a recovery plan under regulation 8(3) or (5).