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Statutory Instrument

The Parliamentary Pensions (Amendment) Regulations 1996

Citation
S.I. 1996/2406
As at
Sections
8
Section 1Title and commencement

These Regulations may be cited as the Parliamentary Pensions (Amendment) Regulations 1996 and shall come into force on 10th October 1996, but shall have effect from 1st July 1996, save that regulations 3(a), 5(1) and 6 shall have effect from 1st April 1995.

Section 2Interpretation

In these Regulations —

“the principal Regulations ” means the Parliamentary Pensions (Consolidation and Amendment) Regulations 1993;

and other expressions shall have the same meaning as in the principal Regulations.

Section 3Adjustment in reckonable service

Regulation E2 of the principal Regulations shall be amended by —

(a) substituting for the words “participating Member in service on 1st April 1995” in paragraph (1A) the words “participant in service on or after 1st April 1995”; and

(b) inserting in paragraph (2), at the beginning, the words “Subject to paragraph (2A) below,” and by inserting after that paragraph the following paragraph —

(2A) In the case of a participant in service on or after 1st July 1996, where his aggregate period of reckonable service as a participating office holder includes service which is treated as ending before 20th July 1983 by virtue of article 10(1)(ii) of the Parliamentary Pensions (Added Years and Rates of Accrual) (Further Provisions) Order 1984 , the period of such service shall be multiplied by five-sixths.

(c) adding in paragraph (3), after the words “added years”, the words “, subject to any adjustment made by virtue of paragraphs (1A) or (2A) above.”

Section 4Relevant terminal salary

(1) Regulation F2 of the principal Regulations shall be amended by inserting in paragraph (2), at the beginning, the words “Subject to paragraph (2A) below,” and by inserting after that paragraph the following paragraph —

(2A) In the case of a participating Member in service on or after 1st July 1996, if under paragraph (2) of this regulation the amount of a Member’s ordinary salary for any period before that date is to be included in the relevant terminal salary, that amount shall be calculated as if a Member’s ordinary salary during that period was payable at the yearly rate of £43,000.

(2) Regulation F4 of the principal Regulations shall be amended by inserting in paragraph (4), at the beginning, the words “Subject to paragraph (4A) below,” and by inserting after that paragraph the following paragraph —

(4A) In the case of a participating office holder in service on or after 1st July 1996, if under paragraph (4) of this regulation the amount of a Member’s ordinary salary for any period before that date is to be included in the relevant terminal salary, that amount shall be calculated as if a Member’s ordinary salary during that period was payable at the yearly rate of £43,000.

Section 5Increase in accrual rate

(1) In paragraph (3A) of regulation F2 of the principal Regulations, for the words “participating Member in service on 1st April 1995” there shall be substituted the words “participant in service on or after 1st April 1995”.

(2) Regulation F4 of the principal Regulations shall be amended by inserting in paragraph (5), at the beginning, the words “Subject to paragraph (5A) below,” and by inserting after that paragraph the following paragraph —

(5A) In the case of a participant in service on or after 1st July 1996, in paragraph (3) of this regulation “the appropriate fraction” means one-fiftieth.

Section 6Increased accrual rate: consequential provisions

In regulation 5 of the Parliamentary Pensions (Amendment) Regulations 1995 for the words “participating Member in service on 1st April 1995” there shall be substituted the words “participant in service on or after 1st April 1995”.

Section 7Gratuity on death in service

Regulation L1 of the principal Regulations shall be amended by substituting in paragraph (5) for the words “a Member’s ordinary” the word “his” and by inserting after paragraph (6) the following paragraph —

(7) In paragraph (5) above “salary” means —

(a) where the participant is a participating Member, a Member’s ordinary salary at the time of his death; and

(b) where the participant is a participating office holder, his salary as an office holder at the time of his death as defined by regulation D2(2);

and, where the participant is both a participating Member and a participating office holder, the aggregate of those two amounts.

Section 8Gratuity on death after retirement

In relation to any person in respect of whom the Trustees may grant a gratuity under regulation L2 of the principal Regulations, the amount of the gratuity referred to in regulation L2(3)(a) shall be calculated as if the amendments effected by regulation 7 above had not been effected.

8 sections

Cite this legislation

The Parliamentary Pensions (Amendment) Regulations 1996 (legislation.gov.uk, OGL v3.0). Retrieved via LawPlayer, https://lawplayer.com/uk/act/uksi-1996-2406

Contains public sector information licensed under the Open Government Licence v3.0.

OGL-3

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