Circumstances in which periodic compensation may be commuted
- Commute pension compensation credit to a lump sum within 6 months
Northern Ireland Statutory Rule
2011
United Kingdom
The Pension Protection Fund (Pension Compensation Sharing and Attachment on Divorce etc.) Regulations (Northern Ireland) 2011
At a glance
What's here
1 compliance obligation
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.
Browse 38 other sections — procedural / definitional / commencement
Citation, commencement and interpretation
In this Schedule— “beneficiary” means any person who is entitled...
Rights to PPF compensation which are not shareable
Information to be provided by the Board to pension compensation...
Basic information about pension compensation and divorce or dissolution of a civil partnership
Valuation of relevant compensation for the purposes of an application for financial relief or financial provision
Provision of information in response to a notification that a pension compensation sharing order etc. may be made
Information to be provided by the Board to pension compensation credit members
Information to be supplied in order for the implementation period to begin
Extension of implementation period
Postponement or cessation of implementation period when an application for leave to appeal out of time is made
Notification about the implementation period by the Board
Calculation and verification of cash equivalent
Determination of cash equivalent value of pension compensation credit
Discharge of liability where the transferee dies before the Board has discharged liability for a pension compensation credit
Notification of discharge of liability
Provision of information after receipt of a pension compensation attachment order or provision
Charges in respect of pension compensation sharing costs etc. recoverable by the Board
Reimbursement between parties to pension compensation sharing
Circumstances where a surviving partner is not entitled to periodic compensation
Compensation payable on discharge of liability under regulation 13 in the case of surviving partners
Compensation payable in the case of relevant partners and surviving dependants
Amount and duration of periodic compensation that can be paid in the case of a relevant partner
Amount of periodic compensation that can be paid in the case of a surviving dependant
Period of payment
Change of circumstances and backdating
Circumstances in which the portion of compensation to be commuted may exceed 25%
Manner in which an option to commute may be exercised
Circumstances where a transferee is entitled to early payment of periodic compensation
Postponing compensation
Circumstances in which periodic compensation can be postponed
Conditions subject to which periodic compensation can be postponed
Date on which postponement ceases
Determination of indexed proportion
Restriction of amount of compensation payable
Application of compensation cap where compensation becomes payable on different dates
Amendment of Schedule 8 to the 2005 Order
Amendment of the Pension Protection Fund (Review and Reconsideration of Reviewable Matters) Regulations
Explore more
Browse legislation
Find other UK business legislation with related guidance.