When making any calculation for the purposes of paragraphs 11,...
Other duties (1) — Crown / regulator
- Actuary must calculate pension values using specified rules Statutory regulator
UK Statutory Instrument
2012
United Kingdom
The Postal Services Act 2011 (Transfer of Accrued Pension Rights) Order 2012
At a glance
What's here
2 compliance obligations
Who this Act binds
Plus 2 non-business duties on Crown ministers, regulators, local authorities or tribunals — shown collapsed under each section below.
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.
Schedules
Browse 51 other Schedules — structural / supplementary
Terminal illness
(1) In this Schedule— “Actuarial Equivalence Requirements” has the meaning...
The Information Requirement is satisfied in the case of an...
The Actuarial Value Requirement is satisfied in the case of...
The Actuarial Equivalence Statement Requirement is satisfied in the case...
An Actuarial Equivalence Statement means a statement in writing which—...
For the purposes of paragraphs 11 and 13 as they...
The Information Requirement is to be taken to have been...
The Secretary of State is to be regarded as having...
Nothing in paragraphs 12 and 13 precludes Actuarial Equivalence Statements...
The Reporting Requirement is satisfied in relation to the exercise...
(1) A Regulated Modification may be made to the RMSPS...
The Secretary of State must give (or, where the Actuarial...
(1) An RMPP Restricted Modification (other than a modification within...
If a Regulated Modification or an RMPP Restricted Modification is...
Any of the requirements mentioned in paragraphs 2(1)(c) and 3(1)(b)...
Subject to paragraph 7, the “Informed Consent Requirement” is satisfied...
If— (a) the modification is not a Protected Modification; and...
The Timing Requirement is satisfied in the case of an...
The Actuarial Equivalence Requirements consist of— (a) the Information Requirement;...
Interpretation
Orders for deductions from earnings
Money purchase benefits
No further obligations of the RMPP
Pension Sharing Orders
A Pension Sharing Order made on or before the Cut-Off...
A Pension Sharing Order made after the Cut-Off Date in...
The amount specified by a Relevant Scottish Order shall be...
Cash equivalents shall be calculated for the purposes of paragraph...
Pension Attachment Orders
A Pension Attachment Order made on or before the Cut-Off...
A Pension Attachment Order made on or before the Cut-Off...
Interpretation
Equality Act 2010
Interpretation
Application of contracting-out legislation to the RMSPS
The provisions of the 1993 Act referred to in paragraph...
In its application to the RMSPS, section 13(5) of the...
The regulations referred to in paragraph 12 are—
Matrimonial Causes Act 1973
Matrimonial Causes (Northern Ireland) Order 1978
Family Law (Scotland) Act 1985
Pension Schemes Act 1993
Pensions Act 1995
Welfare Reform and Pensions Act 1999
Welfare Reform and Pensions (Northern Ireland) Order 1999
Civil Partnership Act 2004
Interpretation
Amendments to Security Agreements
The Trustee, RMH, RMES and RMG shall be required as...
RMH Escrow Reserve
Individual transfers out of the Scheme
Other duties (1) — Crown / regulator
- Secretary of State must process pension transfer requests for eligible members Crown / Minister / Government department
Browse 40 other sections — procedural / definitional / commencement
Set-off for crime, fraud or negligence
Conversion of lump sum into pension
Commutation of pension
Benefits of Section A Actives under the RMSPS
Benefits payable in respect of Wholly Transferred Beneficiaries
Benefits payable to Members who retire on ill health grounds or compassionate grounds
Choosing a lump sum benefit
Purpose, definitions and interpretation
Civil Partners
Benefits payable in respect of Wholly Transferred Beneficiaries
Benefits payable in respect of Cut-Off Date Actives
New POL Scheme
Member choices and nominations made under the RMPP
Payment of benefits
Limitations of Claims
Augmentation and new benefits
Additional voluntary contributions transferred from the RMPP
Individual transfers out of the Scheme
Pension sharing on divorce
Overriding Finance Act 2004 Provisions
Contracting-out
Prevention of discrimination on grounds of age
Set-off for crime, fraud or negligence
Ambiguity, doubt or dispute
Preservation Laws
Surrender and Forfeiture Laws
Citation and commencement
Interpretation
Establishment of the RMSPS
Amendments to the RMSPS are subject to the restrictions set...
Transfer of qualifying accrued rights from RMPP to RMSPS
Schedule 3 makes provision for the transfer to the RMSPS...
Discharge of Trustee
For the purposes of article 7, the “Trustee of the...
Application of occupational pensions legislation to RMSPS
The RMSPS is to be treated as a salary-related contracted...
Amendments to the RMPP
The Security Agreements, as defined in Schedule 5, which relate...
Participation of POL in the RMPP and division of the RMPP into different sections
POL is admitted to participation in the RMPP as an...
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