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Local Government Pension Scheme (Administration) Regulations (Northern Ireland) 2009

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Changes over time for: Section 87

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Version Superseded: 01/04/2015

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Status:

Point in time view as at 01/04/2009. This version of this provision has been superseded. Help about Status

Changes to legislation:

There are currently no known outstanding effects for the Local Government Pension Scheme (Administration) Regulations (Northern Ireland) 2009, Section 87. Help about Changes to Legislation

Safeguarded rightsN.I.

87.—(1) A pension credit member’s safeguarded rights for the purposes of the Scheme and of the 1993 Act and regulations made under that Act are such of his rights falling with section 64A(1) of that Act(1) as represent the safeguarded percentage of the rights acquired by him in the Scheme by virtue of the pension credit.

(2) The “safeguarded percentage” is the percentage of the shareable rights by reference to which the amount of the pension credit is determined which are contracted-out rights.

(3) “Contracted-out rights” has the meaning given in section 64A(5) of the 1993 Act.

Modifications etc. (not altering text)

Commencement Information

I1Reg. 87 in operation at 1.4.2009, see reg. 1

(1)

1993 c. 49; section 64A was inserted by Article 34 of the Welfare Reform and Pensions (Northern Ireland) Order 1999.

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