(This note is not part of the Regulations)
These Regulations amend the Public Service (Civil Servants and Others) Pensions Regulations 2014 (the 2014 Regulations) (S.I. 2014/1964) so as to make provision in relation to persons who have a partnership pension account.
Schedule 2 to these Regulations inserts new Schedule 3 into the 2014 Regulations which makes provision for ill-health benefits for persons who have a partnership pension account. Schedule 3 to these Regulations inserts new Schedule 4 into the 2014 Regulations which makes provision for death benefits in respect of persons who have a partnership pension account. The provision made by these Schedules replaces the Partnership Pension Account Ill Health Benefits Scheme and the Partnership Pension Account Death Benefits Scheme, made under section 1 of the Superannuation Act 1972 (c. 11), which schemes are to be closed.
An impact assessment has not been produced for this instrument as no impact on the costs of business or the voluntary sector is foreseen.