SCHEDULES

Regulation 16(2)

SCHEDULE 5 N.I.Statements of benefits: non money purchase benefits

PART 1 N.I.Information for active members

1.  The amount of any benefits (and how they are calculated) that would be payable on a date specified by the trustees or managers of the scheme if the member of the scheme were to die in service. N.I.

Commencement Information

I1 Sch. 5 para. 1 in operation at 6.4.2014, see reg. 1(1)

2.  One of the following amounts, chosen by the trustees or managers of the scheme, of the member’s benefits and survivors’ benefits calculated without regard to possible increases in the member’s salary— N.I.

(a) the amounts that would be payable from the date benefits are payable if pensionable service were to end on a date specified by the trustees or managers of the scheme;

(b) the amounts that would be payable from the date benefits are payable if pensionable service were to end on the member attaining normal pension age, or

(c) the amounts that would be payable from the date benefits are payable if pensionable service were to end on a date agreed between the member and the trustees or managers of the scheme.

Commencement Information

I2 Sch. 5 para. 2 in operation at 6.4.2014, see reg. 1(1)

3.  The amount of the member’s pensionable remuneration on a date specified by the trustees or managers of the scheme. N.I.

Commencement Information

I3 Sch. 5 para. 3 in operation at 6.4.2014, see reg. 1(1)

PART 2 N.I.Information for active and deferred members

4.  The date on which the member’s pensionable service started. N.I.

Commencement Information

I4 Sch. 5 para. 4 in operation at 6.4.2014, see reg. 1(1)

5.  A summary of the method for calculating the member’s benefits and any survivors’ benefits. N.I.

Commencement Information

I5 Sch. 5 para. 5 in operation at 6.4.2014, see reg. 1(1)

6.  Details of how any deduction from benefits is calculated. N.I.

Commencement Information

I6 Sch. 5 para. 6 in operation at 6.4.2014, see reg. 1(1)

[F1 6A.   Where the trustees are required to publish a report on a website in accordance with regulation 6(1)(b) of the Occupational Pension Schemes (Climate Change Governance and Reporting) Regulations (Northern Ireland) 2021 (climate change reporting and publication requirements), in relation to the most recent report published— N.I.

(a) the information specified in sub-paragraphs (a) to (d) of regulation 27(2), and

(b) a statement explaining any circumstances in which the report will be provided on request in hard copy form.]

Textual Amendments

F1 Sch. 5 Pt. 2 para. 6A inserted (1.10.2021) by The Occupational Pension Schemes (Climate Change Governance and Reporting) (Miscellaneous Provisions and Amendments) Regulations (Northern Ireland) 2021 (S.R. 2021/246), regs. 1(1), 4(4)

PART 3 N.I.Information for deferred members

7.  The date the member’s pensionable service ended. N.I.

Commencement Information

I7 Sch. 5 para. 7 in operation at 6.4.2014, see reg. 1(1)

8.  The amount of the member’s benefits and survivors’ benefits payable from the date benefits are payable. N.I.

Commencement Information

I8 Sch. 5 para. 8 in operation at 6.4.2014, see reg. 1(1)

9.  The amount of the member’s pensionable remuneration on the date pensionable service ended. N.I.

Commencement Information

I9 Sch. 5 para. 9 in operation at 6.4.2014, see reg. 1(1)

PART 4 N.I.Information for pension credit members

10.  The amount of the member’s benefits and survivors’ benefits payable from the date benefits are payable. N.I.

Commencement Information

I10 Sch. 5 para. 10 in operation at 6.4.2014, see reg. 1(1)

11.  A summary of the method for calculating the member’s benefits and any survivors’ benefits. N.I.

Commencement Information

I11 Sch. 5 para. 11 in operation at 6.4.2014, see reg. 1(1)

12.  Details of how any deduction from benefits is calculated. N.I.

Commencement Information

I12 Sch. 5 para. 12 in operation at 6.4.2014, see reg. 1(1)