The Armed Forces Pension Scheme and Early Departure Payments Scheme (Amendment) Regulations 2015
Jurisdiction | UK Non-devolved |
Citation | SI 2015/466 |
Year | 2015 |
2015No. 466
PUBLIC SERVICE PENSIONS
The Armed Forces Pension Scheme and Early Departure Payments Scheme (Amendment) Regulations 2015
3rdMarch2015
5thMarch2015
1stApril2015
The Secretary of State for Defence, in exercise of the powers conferred by section 1(1) of the Public Service Pensions Act 2013( 1), makes the following Regulations.
PART 1
Preliminary
Citation and commencement
1.-(1) These Regulations may be cited as the Armed Forces Pension Scheme and Early Departure Payments Scheme (Amendment) Regulations 2015.
(2) These Regulations come into force on 1st April 2015.
Interpretation
2. In these Regulations-
"AFP Regulations 2014" means the Armed Forces Pension Regulations 2014( 2)
"EDP Regulations 2014" means the Armed Forces Early Departure Payments Scheme Regulations 2014( 3).
PART 2
Amendments to the Armed Forces Pension Regulations 2014
Amendment to regulation 3 (interpretation) of the AFP Regulations 2014
3. Regulation 3 (interpretation) of the AFP Regulations 2014 is amended by substituting-
""pensioner member's account" means a pension account established in accordance with regulation 38;"
for-
""pensioner member's account" has the meaning given in regulation 38 (establishment of a pensioner member's account);".
Amendment to regulation 32 (account to specify amount of pension for a scheme year) of the AFP Regulations 2014
4. Regulation 32 (account to specify amount of pension for a scheme year) of the AFP Regulations 2014 is amended by-
(a) inserting at the end of paragraph (7) "or regulation 92(1)(a) (member's option to pay lump sum contributions to purchase pension)",(b) inserting at the end of paragraph (8) "or regulation 92(1)(b) (member's option to pay lump sum contributions to purchase pension)".Amendment to regulation 38 (establishment of a pensioner member's account) of the AFP Regulations 2014
5. Regulation 38 (establishment of a pensioner member's account) of the AFP Regulations 2014 is amended by-
(a) omitting in sub-paragraph (1)(b) "(the pensioner member's account)", and(b) omitting in sub-paragraph (2)(b) "("the pensioner member's account")".Amendment to regulation 43 (retirement on or after reaching normal pension age - active members) of the AFP Regulations 2014
6. Regulation 43 (retirement on or after reaching normal pension age - active members) of the AFP Regulations 2014 is amended by substituting-
(a) in sub-paragraph (3)(a) "pensioner member's account" for "retirement account", and(b) in sub-paragraph (3)(b) "pensioner member's account" for "retirement account".Amendment to regulation 44 (retirement before reaching normal pension age - deferred members) of the AFP Regulations 2014
7. Regulation 44 (retirement before reaching normal pension age - deferred members) of the AFP Regulations 2014 is amended by substituting in sub-paragraph (3)(b) "deferred member's account" for "retirement account".
Amendment to regulation 45 (annual rate of pension payable to active member who becomes pensioner member) of the AFP Regulations 2014
8. Regulation 45 (annual rate of pension payable to active member who becomes pensioner member) of the AFP Regulations 2014 is amended by substituting-
(a) in sub-paragraph (2)(a) "pensioner member's account" for "retirement account",(b) in sub-paragraph (3)(a)...To continue reading
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