The Occupational and Personal Pension Schemes (DisclosureofInformation) Regulations (Northern Ireland) 2014

PART 1 N.I. Information to be given by occupational pension schemes during winding up

1.  A statement that the scheme is being wound up. N.I.

Commencement Information

I1 Sch. 8 para. 1 in operation at 6.4.2014, see reg. 1(1)

2.  The reasons why the scheme is being wound up. N.I.

Commencement Information

I2 Sch. 8 para. 2 in operation at 6.4.2014, see reg. 1(1)

3.  Where Article 22(1) of the 1995 Order (circumstances in which following provisions apply) applies, a statement that at least one of the trustees of the scheme is required to be an independent person by Article 23(2) of that Order. N.I.

Commencement Information

I3 Sch. 8 para. 3 in operation at 6.4.2014, see reg. 1(1)

4.  In the case of active members, whether death in service benefits will continue to be payable. N.I.

Commencement Information

I4 Sch. 8 para. 4 in operation at 6.4.2014, see reg. 1(1)

5.  A summary of the action that is being taken, and that has been taken, to— N.I.

(a) establish the scheme’s liabilities, and

(b) recover any assets.

Commencement Information

I5 Sch. 8 para. 5 in operation at 6.4.2014, see reg. 1(1)

6.  An estimate of when— N.I.

(a) the scheme’s liabilities are likely to be established, and

(b) any assets are likely to be recovered.

Commencement Information

I6 Sch. 8 para. 6 in operation at 6.4.2014, see reg. 1(1)

7.  Either— N.I.

(a) an indication of the extent to which (if at all) the actuarial value of accrued rights or benefits are likely to be reduced, or

(b) a statement that there is insufficient information to provide such an indication.

Commencement Information

I7 Sch. 8 para. 7 in operation at 6.4.2014, see reg. 1(1)

(1)

Article 22 was amended by Article 32(2) of, and paragraph 34 of Schedule 10 to, the Pensions (Northern Ireland) Order 2005 and paragraph 158 of Schedule 1 to S.I. 2009/1941

(2)

Article 23 was substituted by Article 32(3) of the Pensions (Northern Ireland) Order 2005