Amendment of the Principal RegulationsN.I.

26.  In Schedule 1 (interpretation)—

(a)after the definition of “the 1999 Order” insert—

“the 2000 Regulations” means the Local Government Pension Scheme (Management and Investment of Funds) Regulations (Northern Ireland) 2000(1);;

(b)after the definition of “reserve forces service leave” insert—

“retirement grant” has the meaning given in regulation 19 (calculations) of the 2002 Regulations(2);;

(c)after the definition of “retirement pension” insert—

“retiring allowance” means a retiring allowance payable under regulation E2 (entitlement to retirement pension and retiring allowance) of the Local Government (Superannuation) Regulations (Northern Ireland) 1992(3);;

(d)in the definition of “revaluation adjustment” for “the consumer prices index of annual inflation published by the Office of National Statistics for the September preceding the end of the Scheme year” substitute “the percentage specified as the change in prices in the relevant Order made under section 9(2) (revaluation) of the 2014 Act”; and

(e)after the definition of “shared parental leave” insert—

“standard retirement grant” has the meaning given in regulation D2 (“standard retirement pension” and “standard retirement grant”) of the Local Government Pension Scheme Regulations (Northern Ireland) 2000(4);.

Commencement Information

I1Reg. 26 in operation at 1.4.2016, see reg. 1(1)