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- Point in Time (06/04/2014)
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Version Superseded: 01/10/2021
Point in time view as at 06/04/2014.
There are currently no known outstanding effects for the The Occupational and Personal Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 2014, SCHEDULE 4.
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Regulation 15(1)
1. A summary that—N.I.
(a)explains the extent to which the assets of the scheme are adequate to cover its technical provisions, and
(b)is based on—
(i)the last actuarial valuation under Article 203 of the 2005 Order (actuarial valuations and reports) received by the trustees or managers of the scheme, and
(ii)any actuarial report under that provision they have received since that actuarial valuation.
Commencement Information
I1Sch. 4 para. 1 in operation at 6.4.2014, see reg. 1(1)
2. In the case of the first summary funding statement issued in respect of the scheme, an explanation of the changes in the funding position of the scheme since—N.I.
(a)the last actuarial valuation of the scheme under Article 203(1)(a) of the 2005 Order, or
(b)if no such valuation was obtained, the last actuarial valuation under the scheme rules.
Commencement Information
I2Sch. 4 para. 2 in operation at 6.4.2014, see reg. 1(1)
3. In the case of any subsequent summary funding statement, an explanation of any change in the funding position of the scheme since the date of the previous summary funding statement.N.I.
Commencement Information
I3Sch. 4 para. 3 in operation at 6.4.2014, see reg. 1(1)
4. The actuary’s estimate of solvency contained in the last actuarial valuation under Article 203 of the 2005 Order received by the trustees or managers of the scheme.N.I.
Commencement Information
I4Sch. 4 para. 4 in operation at 6.4.2014, see reg. 1(1)
5. A summary of any recovery plan prepared under Article 205 of the 2005 Order that is currently in force.N.I.
Commencement Information
I5Sch. 4 para. 5 in operation at 6.4.2014, see reg. 1(1)
6. A statement explaining—N.I.
(a)whether the scheme has been modified under Article 210(2)(a) of the 2005 Order;
(b)whether the scheme is subject to directions by the Regulator under Article 210(2)(b) of the 2005 Order, and
(c)whether the scheme is bound by a schedule of contributions imposed by the Regulator under Article 210(2)(c) of the 2005 Order.
Commencement Information
I6Sch. 4 para. 6 in operation at 6.4.2014, see reg. 1(1)
7. Where there has been a modification, directions or a schedule of contributions referred to in paragraph 6, a summary of the circumstances in which they were made.N.I.
Commencement Information
I7Sch. 4 para. 7 in operation at 6.4.2014, see reg. 1(1)
8. A statement explaining whether any payment to the employer under Article 37(1) of the 1995 Order (payment of surplus to employer) has been made—N.I.
(a)in the case of the first summary funding statement issued in respect of the scheme, in the 12 months before the date on which that statement is prepared, and
(b)in the case of any subsequent summary funding statement issued in respect of the scheme, since the date of the last such statement.
Commencement Information
I8Sch. 4 para. 8 in operation at 6.4.2014, see reg. 1(1)
9. Where a payment referred to in paragraph 8 has been made, the amount of that payment.N.I.
Commencement Information
I9Sch. 4 para. 9 in operation at 6.4.2014, see reg. 1(1)
Article 37 was substituted by Article 227 of the Pensions (Northern Ireland) Order 2005 and amended by section 105 of the Pensions (No. 2) Act (Northern Ireland) 2008
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