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The Occupational Pension Schemes (Discharge of Liability) Regulations 1997

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There are currently no known outstanding effects for the The Occupational Pension Schemes (Discharge of Liability) Regulations 1997, Section 9. Help about Changes to Legislation

Circumstances in which liability to provide pensions under a relevant scheme may be discharged

9.—(1) The trustees of a relevant scheme may discharge any liability to provide pensions under a relevant scheme where the circumstances specified [F1in paragraph (2)] apply.

(2) The member or, if the member has died, [F2the member’s widow, widower or surviving civil partner or, if there is no such person], any person who may be entitled to payment of the pension under the scheme, consents in writing to the discharge of liability and the transaction to discharge the liability—

(a)is to be carried out not earlier than the time when the member’s pensionable service terminates; and

(b)satisfies all the conditions specified in regulation 11.

F3(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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