The Local Government Pension Scheme (Wandsworth and Richmond Fund Merger) Regulations 2016

JurisdictionUK Non-devolved
CitationSI 2016/1241

2016 No. 1241

Public Service Pensions, England And Wales

The Local Government Pension Scheme (Wandsworth and Richmond Fund Merger) Regulations 2016

Made 19th December 2016

Laid before Parliament 22th December 2016

Coming into force 26th January 2017

The Secretary of State makes these Regulations in exercise of the powers conferred by sections 1, 2(1) and 3 of, and Schedules 1 to 3 to, the Public Service Pensions Act 20131.

In accordance with section 21 of that Act, the Secretary of State has consulted such persons, and the representatives of such persons, as appeared to the Secretary of State to be likely to be affected by these Regulations2.

In accordance with section 3(5) of that Act, these Regulations are made with the consent of the Treasury.

S-1 Citation, commencement and interpretation

Citation, commencement and interpretation

1.—(1) These Regulations may be cited as the Local Government Pension Scheme (Wandsworth and Richmond Fund Merger) Regulations 2016.

(2) These Regulations come into force on 26th January 2017 but have effect from 1st October 2016.

(3) In these Regulations—

(a)

(a) “the 2013 Regulations” means the Local Government Pension Scheme Regulations 20133;

“the Earlier Regulations” has the meaning given by regulation 1(6) of the Local Government Pension Scheme (Transitional Provisions, Savings and Amendment) Regulations 20144;

“Richmond” means the London Borough of Richmond upon Thames;

“Wandsworth” means the London Borough of Wandsworth;

“the merger date” means 1st October 2016; and

(b)

(b) other expressions have the same meaning as in the 2013 Regulations.

S-2 Modification of the Local Government Pension Scheme Regulations 2013

Modification of the Local Government Pension Scheme Regulations 2013

2. From the merger date, the 2013 Regulations apply in relation to Wandsworth and Richmond with the following modifications—

(a) in paragraph 1(b) of Part 1 of Schedule 3 (pension funds), the reference to a London borough council does not include a reference to Richmond (which is accordingly no longer an administering authority and is not required to maintain a pension fund for the Scheme);

(b) regulation 103 (changes of administering authority) does not apply in relation to the transfer of assets and liabilities described in regulation 3(1) of these Regulations; and

(c) the table in Part 2 of Schedule 3 (pension funds) applies as if for any person for whom the appropriate administering authority has...

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