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There are currently no known outstanding effects for the The Occupational and Personal Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 2014, PART 2.
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6. The amount of benefit that is payable.N.I.
Commencement Information
I1Sch. 7 para. 6 in operation at 6.4.2014, see reg. 1(1)
[F16A. In relation to a collective money purchase scheme, a statement that—N.I.
(a)there is no promise or guarantee as to the rate or amount of benefit provided under the scheme, and
(b)the rate or amount of benefits may fluctuate, which may result in—
(i)reduced benefits before benefit becomes payable;
(ii)reduced benefits after benefit becomes payable.]
Textual Amendments
7. If benefit is payable periodically—N.I.
(a)any conditions for continuing to make the payments, and
(b)any provisions which would allow the payments to be altered.
Commencement Information
I2Sch. 7 para. 7 in operation at 6.4.2014, see reg. 1(1)
8. Any rights and options that persons have on the death of the member or beneficiary of the scheme.N.I.
Commencement Information
I3Sch. 7 para. 8 in operation at 6.4.2014, see reg. 1(1)
9. Any procedures for exercising the rights and options referred to in paragraph 8.N.I.
Commencement Information
I4Sch. 7 para. 9 in operation at 6.4.2014, see reg. 1(1)
10. The provisions (or, as the case may be, a statement that there are no provisions) under which the pension payable to the survivor of a member or beneficiary of the scheme may or will be increased [F2or decreased] and the extent to which such [F3or decreases] are dependent on the exercise of a discretion.N.I.
Textual Amendments
F2Words in Sch. 7 para. 10 inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) (Modifications and Consequential and Miscellaneous Amendments) Regulations (Northern Ireland) 2022 (S.R. 2022/192), regs. 1(1), 13(17)(c)(i)
F3Words in Sch. 7 para. 10 inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) (Modifications and Consequential and Miscellaneous Amendments) Regulations (Northern Ireland) 2022 (S.R. 2022/192), regs. 1(1), 13(17)(c)(ii)
Commencement Information
I5Sch. 7 para. 10 in operation at 6.4.2014, see reg. 1(1)
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