PART 1Public service pension schemes

C1CHAPTER 3Local government schemes

Annotations:
Modifications etc. (not altering text)
C1

Pt. 1 Ch. 3 excluded (with effect in accordance with reg. 1(2) of the amending S.I.) by The Local Government Pension Scheme (Information) Regulations 2024 (S.I. 2024/880), regs. 1(2), 2(2)(3)(a)

Interpretation

I1I287Interpretation of Chapter

1

In this Chapter—

  • “Chapter 1 scheme” has the same meaning as in Chapter 1;

  • “final salary benefits” has the meaning given by subsection (2);

  • “judicial scheme” has the same meaning as in Chapter 2;

  • “local government legacy scheme” has the meaning given by section 86(3);

  • “local government new scheme” has the meaning given by section 86(2);

  • “local government scheme” has the meaning given by section 86(1);

  • “scheme regulations”—

    1. a

      in relation to a local government new scheme within section 86(2)(a) has the same meaning as in PSPA 2013 (see section 1(4) of that Act);

    2. b

      in relation to a local government new scheme within section 86(2)(b) has the same meaning as in PSPA(NI) 2014 (see section 1(4) of that Act);

  • “Treasury directions” means—

    1. a

      in relation to a local government scheme within section 86(2)(a) or (3)(a), directions given by the Treasury;

    2. b

      in relation to a local government scheme within section 86(2)(b) or (3)(b), directions given by the Department of Finance in Northern Ireland.

2

For the purposes of this Chapter, benefits payable under a pension scheme to or in respect of a member are “final salary benefits” if they are determined by reference to the member’s pensionable earnings, or highest, average or representative pensionable earnings, in a specified period ending at, or defined by reference to—

a

the time when the member’s pensionable service in relation to the scheme ends, or

b

the time when the member attains normal pension age under a local government legacy scheme.

3

Where—

a

a member of a pension scheme has service in multiple employments or offices that is pensionable service under the scheme, and

b

the service is aggregated for the purpose of determining the amount of any benefit under the scheme,

the service is treated for the purposes of this Chapter as service in a single employment or office (and references to the employment or office in relation to the service are to be read accordingly).