Part 6Private pensions

Other

I152Public service pension schemes: transitional arrangements

1

Section 18 of the Public Service Pensions Act 2013 (restriction of existing pension schemes) is amended as follows.

2

After subsection (5) insert—

5A

Scheme regulations may also provide for exceptions to subsection (1) in the case of—

a

persons who were members of a public body pension scheme specified in the regulations, or who were eligible to be members of such a scheme, immediately before 1 April 2012, and

b

such other persons as the regulations may specify, being persons who before that date had ceased to be members of a scheme referred to in paragraph (a) or to be eligible for membership of such a scheme.

3

In each of subsections (6) and (8), after “(5)” insert “ or (5A) ”.