Northern Ireland Statutory Rule 2015 United Kingdom

The Funded Public Service Pension Schemes (Reduction of Cash Equivalents) Regulations (Northern Ireland) 2015

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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.

sch. para. 4

sch. para. 4

  • Calculate initial cash equivalent using prescribed assumptions
sch. para. 5

sch. para. 5

  • Use specific assumptions when calculating initial cash equivalents
sch. para. 6

sch. para. 6

  • Actuary must reduce cash equivalent by trustees’ considered reduction
s.003

Transfer report

  • Request transfer reports upon pension scheme designation
Browse 11 other sections — procedural / definitional / commencement
s.001

Citation and commencement

s.002

Interpretation

s.004

Reduction of cash equivalent

s.005

Percentage P

s.006

Specification of amount of reduction by the relevant Department

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