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Pensions Act (Northern Ireland) 2008

2008 CHAPTER 1

CONTENTS

Go to Preamble

  1. PART 1

    STATE PENSION

    1. Entitlement to Category A and B retirement pensions

      1. 1. Category A and B retirement pensions: single contribution condition

      2. 2. Category B retirement pension: removal of restriction on entitlement

    2. Credits for basic state pension, etc.

      1. 3. Contributions credits for relevant parents and carers

    3. Abolition of adult dependency increases

      1. 4. Category A and C retirement pensions: abolition of adult dependency increases

    4. Up-rating of basic state pension and other benefits

      1. 5. Up-rating of basic pension etc. and standard minimum guarantee by reference to earnings

      2. 6. Preservation of link with prices in case of other benefits

    5. Additional pension: deemed earnings factors

      1. 7. Deemed earnings factors for purposes of additional pension

    6. Additional pension: simplification of accrual rates

      1. 8. Additional pension: removal of accrual band from 2010–11

      2. 9. Additional pension: simplified accrual rates as from flat rate introduction year

      3. 10. Additional pension: upper accrual point

    7. Increase in state pension age

      1. 11. Increase in pensionable age for men and women

  2. PART 2

    OCCUPATIONAL AND PERSONAL PENSION SCHEMES

    1. Contracting-out

      1. 12. Conversion of guaranteed minimum pensions

      2. 13. Abolition of contracting-out for defined contribution pension schemes

    2. Dispute resolution

      1. 14. Dispute resolution arrangements

    3. Actuarial guidance

      1. 15. Removal of Department’s role in approving actuarial guidance

  3. PART 3

    PERSONAL ACCOUNTS DELIVERY AUTHORITY

    1. 16. Initial function of the Personal Accounts Delivery Authority

    2. 17. Management of the Authority

  4. PART 4

    GENERAL

    1. 18. Review of operation of Act

    2. 19. Consequential etc. provision, repeals and revocations

    3. 20. Interpretation

    4. 21. Commencement

    5. 22. Short title

  5. SCHEDULES:

    1. Schedule 1

      State pension: consequential and related amendments

      1. Part 1

        Category A and B retirement pensions: single contribution condition

      2. Part 2

        Category B retirement pension: removal of restriction on entitlement

      3. Part 3

        Contributions credits for relevant parents and carers

      4. Part 4

        Category A and C retirement pensions: abolition of adult dependency increases

      5. Part 5

        Up-rating of basic pension etc. and standard minimum guarantee by reference to earnings

      6. Part 6

        Deemed earnings factors for purposes of additional pension

      7. Part 7

        Additional pension: simplified accrual rates

      8. Part 8

        Increase in pensionable age for men and women

    2. Schedule 2

      Additional Pension: simplified accrual rates

      1. Part 1

        New Schedule 4B to the Contributions and Benefits Act

      2. Part 2

        Revaluation of flat rate accrual amount

      3. Part 3

        Consequential and related amendments

    3. Schedule 3

      Increase in pensionable age for men and women

    4. Schedule 4

      Abolition of contracting-out for defined contribution pension schemes

      1. Part 1

        Amendments having effect as from abolition date

      2. Part 2

        Further amendments

      3. Part 3

        Savings

    5. Schedule 5

      Removal of Department’s role in approving actuarial guidance

    6. Schedule 6

      Repeals and revocations

      1. Part 1

        Category B retirement pension: removal of restriction on entitlement

      2. Part 2

        Category A and C retirement pensions: abolition of adult dependency increases

      3. Part 3

        Up-rating

      4. Part 4

        Additional pension: simplified accrual rates

      5. Part 5

        Increase in pensionable age

      6. Part 6

        Abolition of contracting-out for defined contribution pension schemes: repeals and revocations having effect on abolition date

      7. Part 7

        Abolition of contracting-out for defined contribution pension schemes: further repeals

      8. Part 8

        Removal of Department’s role in approving actuarial guidance

An Act to make provision about pensions and other benefits payable to persons in connection with bereavement or by reference to pensionable age; to make provision about the functions of the Personal Accounts Delivery Authority; and for connected purposes.

[11th February 2008]

BE IT ENACTED by being passed by the Northern Ireland Assembly and assented to by Her Majesty as follows:

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