Schemes that are subject to Part IV of the 2005 Order - valuation of assets and liabilities
- Value pension scheme assets and liabilities correctly for surplus payments
Northern Ireland Statutory Rule
2006
United Kingdom
The Occupational Pension Schemes (Payments to Employer) Regulations (Northern Ireland) 2006
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What's here
4 compliance obligations
What this Act requires
Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.
Notification to members
- Notify pension scheme members before making a surplus payment to the employer
Notice of proposal to distribute excess assets to the employer
- Send two-part notice to members before distributing pension surplus to employer
Additional requirement for purposes of Article 76
- Obtain regulator confirmation before distributing excess pension assets to employer
Browse 15 other sections — procedural / definitional / commencement
Citation and commencement
Interpretation
Schemes not in wind up
Schemes that are subject to Part IV of the
Prescribed persons for the purposes of Article 37(3)(a)
Schemes that are subject to Part IV of the 2005 Order – valuation certificate and amount of payment to employer
Earmarked schemes
Period for which a valuation certificate is to remain in force
Notification to
Exemptions
Transitional
Modifications in relation to earmarked schemes
Circumstances in which the Regulator must be satisfied that the requirements of Article 76 are met
Schemes with more than one employer
Revocations
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