Legislation – The Health and Social Care Pension Schemes (Partial Retirement etc.) Regulations (Northern Ireland) 2024
Changes to legislation:
There are currently no known outstanding effects for The Health and Social Care Pension Schemes (Partial Retirement etc.) Regulations (Northern Ireland) 2024, Section 36.
Changes to Legislation
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PART 5The Health and Social Care Pension Scheme (Transitional and Consequential Provisions) Regulations (Northern Ireland) 2015
New regulation 17A36.
“Final salary link: non-pensionable old scheme members17A.
(1)
This regulation applies if benefits under the old scheme payable to or in respect of a non-pensionable old scheme member are to be calculated by reference to that member’s final salary as determined in accordance with Schedule 7 to the 2014 Act (“the member’s final salary link”).
(2)
Where this regulation applies, the benefits under the old scheme payable to or in respect of the member may be calculated without reference to the member’s final salary link if it would be more beneficial to the member or other beneficiary to do so.”.