PART 1N.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
I1Sch. 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
I2Sch. 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
I3Sch. 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
I4Sch. 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
I5Sch. 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
I6Sch. 8 para. 6 in operation at 6.4.2014, see reg. 1(1)
7. [F1Except in the case of a collective money purchase scheme, either] —
(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.
Textual Amendments
F1Words in Sch. 8 para. 7 substituted (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(18)
Commencement Information
I7Sch. 8 para. 7 in operation at 6.4.2014, see reg. 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
Article 23 was substituted by Article 32(3) of the Pensions (Northern Ireland) Order 2005