Statutory Instrument 1999 No. 2101

The European Parliamentary (United Kingdom Representatives) Pensions (Additional Voluntary Contributions Scheme) (Amendment) Order 1999

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"the AVC Order" means the European Parliamentary (United Kingdom Representatives) Pensions (Additional Voluntary Contributions Scheme) (No. 2) Order 1995[3]:

and other expressions shall have the same meaning as in the AVC Order.

Contributors
     3. In article 2(1) of the AVC Order-

(a) for the definition of "Class A contributor" there shall be substituted-

" "Class A contributor" means any contributor who joined the principal scheme on or after 1st June 1989 or any other contributor who has elected to become a Class A contributor (however termed) by giving notice in writing to the Managers."

(b) for the definition of "Class C contributor" there shall be substituted-

" "Class C contributor" means any contributor who joined the principal scheme before 17th March 1987 and has not elected to become a Class A contributor."

Contributions
     4. For article 5(3)(a) of the AVC Order, there shall be substituted-

" (a) such amount determined by the Managers on a basis acceptable to the Board of Inland Revenue as is likely to provide benefits equal to the limits set out in article 11;".

Maximum pensions
     5. In paragraph 3(2)(a) of Schedule 2 to the AVC Order, for the words " that the number (not exceeding 40) of years of service completed before leaving service bears to the potential number (not exceeding 40) of years of service had the contributor remained in service to normal retirement date", there shall be substituted "on the basis that service is taken as the potential number of years of service had the contributor remained in service to the normal retirement date".


Rt hon Margaret Beckett
President of the Council

26th July 1999

[2] See the Transfer of Functions (European Parliamentary Pay and Pensions) Order 1995 (S.I. 1995/2995), article 2.back

[3] S.I. 1995/739.back