Northern Ireland Statutory Rule SI 1996/493 United Kingdom

The Occupational Pension Schemes (Contracting-out) Regulations (Northern Ireland) 1996

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Status
In Force
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Employer8 Trader1 Any Person1 Trustee1

Other Acts binding the same actors

If a role above is yours, these are the other instruments that most often bind it.

Employer — also bound by 682 other Acts
TULRCA 1992 72 duties
Trader — also bound by 825 other Acts
Companies Act 2006 243 duties
Companies Act 1985 85 duties
Any Person — also bound by 2340 other Acts
Trustee — also bound by 104 other Acts
Charities Act 2011 27 duties

What it requires

Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

s.003 Notices by employers of intended election Regulated
  • Give notice of intended election for contracting-out certificateEmployer
s.004 Consultation with trade unions Regulated
  • Consult trade unions about contracting-out electionEmployer
s.006 Information to be included in an election Regulated
  • Include required information and confirmations in your contracting-out electionEmployer
s.010 Special provision with regard to elections for the issue, variation or surrender of certificates where the employment remains contracted out Regulated
  • Notify employees and scheme representatives when varying a contracting-out certificateEmployer
s.012 Special provision for holding companies and subsidiaries Regulated
  • Holding company can handle pension scheme notices for its subsidiariesTrader
s.015 Further information and change of circumstances Regulated
  • Furnish information and notify changes to the DepartmentEmployer
s.016 Requirement to confirm relevant requirements are satisfied Regulated
  • Provide written confirmation that your contracted-out pension scheme still meets legal requirementsEmployer
s.023 Requirements for meeting the statutory standard Regulated
  • Actuary must follow rules when certifying pension equivalenceAny Person
s.032 Minimum payments to be made by employers to trustees Regulated
  • Pay minimum payments to pension trustees within 14 daysEmployer
s.041 Provision of information as to resources Regulated
  • Provide reports and accounts on scheme resources when required by the DepartmentTrustee
s.044 Notifications to the Department Regulated
  • Notify the Department when a contracted-out employee's service endsEmployer
68 other provisions — procedural and definitional
s.001 Citation, commencement and interpretation
s.002 Making of elections for the issue of contracting-out certificates
s.005 Time for making an election
s.007 Amendment of an election
s.008 Issue of contracting-out certificates
s.009 Making of elections by employers for the variation or surrender of contracting-out certificates
s.011 Special circumstances in which
s.013 Special provision for public service pension schemes
s.014 Special provision for holders of pensionable judicial office
s.017 Further contracting-out conditions for salary related contracted-out schemes
s.018 Requirement as to resources of the scheme
s.019 Lump sum benefits and salary related contracted-out schemes
s.020 Trivial commutation of benefits derived from section 5(2B) rights
s.021 Payable age in salary related contracted-out schemes
s.022 Each part of scheme to comply with section 8A of
s.024 Circumstances when actuary other than actuary appointed under Article 47 of
s.025 Requirements for a reference scheme
s.026 Reference scheme: circumstances in which widows' or widowers' pensions need not be payable
s.027 Modification applying to public service pension schemes
s.028 Service in a salary related contracted-out scheme that does not qualify for further benefits
s.029 Schemes which cannot be certified under section 5(2B) of the Act
s.030 Further contracting-out requirements for money purchase contracted-out schemes
s.031 Deduction of minimum payments from earnings
s.033 Calculation of minimum payments
s.034 Manner of calculation or estimation of earnings
s.035 Manner of payment of the age-related payment
s.036 Verification of age
s.037 Circumstances in which the age-related payments are not to be paid
s.038 Adjustment of the amount of age-related payment
s.039 Circumstances in which schemes may change mode of contracting out
s.040 Schemes which may not be contracted out under section 5(3) of the Act
s.042 Alteration of rules of contracted-out schemes
s.043 Termination of periods of contracted-out employment
s.045 Approval of arrangements for schemes ceasing to be contracted out
s.046 Supervision of schemes that have ceased to contract out
s.047 Circumstances in which the Department may vary or cancel a contracting-out certificate
s.048 Special provision for overseas schemes
s.049 Insolvent schemes
s.050 Member to be informed of the option to restore state scheme rights
s.051 Election to pay contributions equivalent premium
s.052 Payment of a contributions equivalent premium
s.053 Payment in lieu of benefit and delay in refund for the purposes of employer’s right of recovery
s.054 Refund of a contributions equivalent premium
s.055 Scheme rules about guaranteed minimum pensions
s.056 Special provision for revaluation of guaranteed minimum pensions secured by insurance policies or annuity contracts
s.057 Circumstances in which widower’s guaranteed minimum pension is to be payable
s.058 Period for which widower’s guaranteed minimum pension is to be payable
s.059 Statutory references to persons entitled to guaranteed minimum pensions — application to widowers
s.060 Trivial commutation of guaranteed minimum pensions
s.061 Suspension and forfeiture of guaranteed minimum pensions
s.062 Fixed rate revaluation of guaranteed minimum pensions for early leavers
s.063 Provision of information about guaranteed minimum pensions
s.064 Meaning of “connected employer”
s.065 Modification of section 12 of the Act
s.066 Circumstances in which the modifications to the Act set out in regulation 65 apply
s.067 Modification of section 47(1) of the Act in relation to revaluation and schemes which have ceased to be contracted out
s.068 Additional modifications relating to transfers and increases of earnings factors by 12 per cent.
s.069 Miscellaneous provisions affecting section 47 of the Act
s.070 Transitional arrangements for certification of schemes
s.071 Elections for replacement certificates by salary related schemes during transitional period
s.072 Transitional requirements as to sufficiency of resources of salary related schemes
s.073 Transitional arrangements and savings for salary related schemes which have begun winding up before the principal appointed day
s.074 Transitional arrangements in relation to the powers of the Department to approve arrangements for schemes ceasing to contract out before the principal appointed day
s.075 Transitional modifications to sections 31 and 32 of the Act
s.076 Prevention of recovery by employers of Class 1 contributions where certificate cancelled under section 32(3) of the Act
s.077 Transitional arrangements for schemes contracted out under section 5(2) of the Act to become contracted out under section 5(3) of the Act
s.078 Savings in respect of State Scheme Premiums
s.079 Revocations

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