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You are here: BAILII >> Databases >> United Kingdom Statutory Instruments >> The Superannuation (Local Government and Approved Employment) Interchange (Amendment) Rules 1970 No. 1124 URL: http://www.bailii.org/uk/legis/num_reg/1970/uksi_19701124_en.html |
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Statutory Instruments
PENSIONS
Made
28th July 1970
Laid before Parliament
5th August 1970
Coming into Operation
1st September 1970
The Minister of Housing and Local Government, in exercise of his powers under sections 2 and 15 of the Superannuation (Miscellaneous Provisions) Act 1948, as amended by section 11(6) of the Superannuation (Miscellaneous Provisions) Act 1967, and of all other powers enabling him in that behalf, hereby makes the following rules:-
1. These rules may be cited as the Superannuation (Local Government and Approved Employment) Interchange (Amendment) Rules 1970, and shall come into operation on 1st September 1970.
2.-(1) In these rules "the principal rules" means
(2) The Interpretation Act 1889 shall apply for the interpretation of these rules as it applies for the interpretation of an Act of Parliament.
3.-(1) In rule 7 of the principal rules, after paragraph (3) there shall be inserted the following paragraph-
"(3A) The transfer value payable in respect of a person who enters approved employment in which he is a member of the superannuation scheme established by virtue of the Teachers (Superannuation) Act (Northern Ireland) 1950 shall be calculated as if the words "not being such service as is mentioned in proviso (a) to that subsection" had been omitted from the definition of "service" in paragraph 1 of schedule 1 to the transfer value regulations."
(2) Schedules 1 and 4 of the principal rules shall each be amended by adding thereto the appropriate entries set out in the schedule to these rules.
(3) In schedule 1 to the principal rules, the entries relating to the National Association for the Care and Resettlement of Offenders and the Royal London Prisoners' Aid Society shall be omitted.
4. In relation to any person who becomes eligible, subject to compliance with conditions, for the application of Part II or III of the principal rules by virtue of rule 3(2) above, the principal rules shall have effect as if-
(a)any references therein to 18th August 1968 were references to 1st September 1969 and
(b)any references therein, however expressed, to 18th August 1969 were references to 1st September 1970.
Given under the official seal of the Minister of Housing and Local Government on 28th July 1970.
L.S.
Peter Walker
Minister of Housing and Local Government
Rule 3(2)
| Approved body | Approved pension scheme | Prescribed date for rule 5 | Prescribed date for rule 9 |
|---|---|---|---|
| (1) | (2) | (3) | (4) |
| Arts Council of Great Britain | Arts Council of Great Britain Pension Fund and Cash Benefits Scheme | 1st January 1965 | 1st January 1965 |
| British Steel Corporation, or any company participating in their approved pension scheme | British Steel Corporation Staff Superannuation Scheme | 28th April 1966 | 28th April 1967 |
| British Tourist Authority, or any body participating in their approved pension scheme | The British Tourist Boards' Staff Pension Scheme | 14th July 1956 | 14th July 1957 |
| Consumer Council | The Consumer Council Staff Superannuation Fund and Staff Life Assurance Scheme | 15th March 1964 | 15th March 1965 |
| Electrical Research Association | The Electrical Research Association Pension Fund | 1st June 1965 | 1st June 1965 |
| Highlands and Islands Development Board | Highlands and Islands Development Board Superannuation and Cash Benefit Schemes | 1st November 1964 | 1st November 1965 |
| House of Commons Offices | The House of Commons Staff Superannuation Scheme | 27th December 1953 | 31st December 1967 |
| Immigration Appeals Adjudicators | Adjudicators (Immigration Appeals Act 1969) Superannuation Scheme | 1st March 1969 | 1st March 1970 |
| London School of Economics and Political Science, or any associated organisation participating in their approved pension scheme | The London School of Economics and Political Science 1965 Pension and Assurance Scheme | 1st August 1964 | 1st August 1965 |
| Meat and Livestock Commission | Meat and Livestock Commission Pension Plan | 1st October 1967 | 1st October 1968 |
| National Ports Council | National Ports Council Pension Fund and Retirement Benefits Fund | 15th June 1963 | 15th June 1964 |
| National Union of Teachers | National Union of Teachers Staff Superannuation Fund | 1st September 1965 | 1st September 1965 |
| Post Office | The Post Office Staff Superannuation Scheme | 1st October 1968 | 1st October 1969 |
| Post Office and Civil Service Sanatorium Society | Post Office and Civil Service Sanatorium Society Staff Superannuation Fund and Supplementary Staff Superannuation Fund | 1st July 1964 | 1st July 1965 |
| Royal College of Art | Royal College of Art Staff Pension Fund and Life Assurance Scheme | 1st April 1966 | 1st April 1967 |
| Royal Hospital and Home for Incurables Putney | Royal Hospital and Home for Incurables Putney Staff Superannuation Fund and Supplementary Staff Superannuation Fund | 1st November 1962 | 1st November 1963 |
| A body employing teachers who are superannuable by virtue of the Teachers (Superannuation) Act (Northern Ireland) 1950 | The Superannuation Scheme established by virtue of the Teachers (Superannuation) Act (Northern Ireland) 1950 | 1st April 1950 | 1st April 1950 |
| Approved body | Approved pension scheme | Prescribed date for rule 5 | Prescribed date for rule 9 |
|---|---|---|---|
| (1) | (2) | (3) | (4) |
| British Railways Board | British Transport Police Force Superannuation Fund and Retirement Benefit Fund | 1st October 1967 | 1st October 1968 |
| British Scientific Instrument Research Association | British Scientific Instrument Research Association Pension and Assurance Scheme | 1st April 1961 | 1st April 1962 |
| University of Cambridge | The University of Cambridge Contributory Pension Fund | 1st April 1967 | 1st April 1968 |
| University of London, or any body participating in their approved pension scheme | University of London Superannuation Fund and Pension and Life Assurance Scheme | 1st October 1957 | 1st October 1958 |
The Superannuation (Local Government and Approved Employment) Interchange Rules 1969 provide for the interchange of superannuation rights between local government employment and employment with bodies who maintain pension schemes, as listed in schedules to those Rules. These Rules add new bodies and pension schemes to those schedules, and delete references to certain bodies whose pension schemes have ceased to exist.
The Rules are given retrospective effect to a limited extent under the express powers of, and subject to the safeguards required by, section 2(5) of the Superannuation (Miscellaneous Provisions) Act 1948.
(1969 II, p. 2906).