PART 3PROVISION RELATING TO PENSION FUNDS

Local Government pension funds: North Yorkshire5

1

The Local Government Pension Scheme Regulations 2013 are amended in accordance with paragraphs (2) and (3).

2

In regulation 64 (special circumstances where revised actuarial valuations and certificates must be obtained) after paragraph (18)9 insert—

19

 Paragraph (20) applies where the exiting employers are Craven District Council, Hambleton District Council, Harrogate Borough Council, Richmondshire District Council, Ryedale District Council, Scarborough Borough Council and Selby District Council and the liabilities of the fund in respect of current or former employees (or those of any predecessor authority) of these exiting employers vest in North Yorkshire Council.

20

Where this paragraph applies, no exit payment or exit credit is due under paragraph (1) and paragraph (2) does not apply.

3

In the table after paragraph 4 in Part 2 of Schedule 3, for the entry relating to an employee of City of York Council, in the second column, for “North Yorkshire County Council” substitute “North Yorkshire Council”.