The Pensions Increase (Civil Service Supplementary (Earnings Cap) Pension Scheme 1994) Regulations 1995

Type Statutory-Instrument
Publication 1995-07-03
State In force
Department Queen's Printer of Acts of Parliament
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Made: 3rd July 1995

Laid before Parliament: 4th July 1995

Coming into force: 25th July 1995

The Treasury, in exercise of the powers conferred by section 5(2) and (4) of the Pensions (Increase) Act 1971[^f00001] and now vested in them[^f00002], hereby make the following Regulations:—

Citation and commencement

1

These Regulations may be cited as the Pensions Increase (Civil Service Supplementary (Earnings Cap) Pension Scheme 1994) Regulations 1995, and shall come into force on 25th July 1995.

Interpretation

2

Pensions to which the 1971 Act will apply

3

The 1971 Act shall have effect in relation to any pensions payable under the scheme (being a scheme made under section 1 of the Superannuation Act 1972[^f00004]) as if they were pensions specified in Part I of Schedule 2 to the 1971 Act.

Date from which increases of pension are to have effect

4

Any increase of pension payable by virtue of these Regulations shall have effect in respect of any pension beginning on or after 2nd March 1992.

Signed

Andrew Mitchell — Derek Conway — Two of the Lords Commissioners of Her Majesty’s Treasury — 3rd July 1995

Explanatory note

(This note is not part of the Regulations)

These Regulations apply the provisions of the Pensions (Increase) Act 1971 to any pensions payable under the Civil Service Supplementary (Earnings Cap) Pension Scheme 1994 (being a superannuation scheme made under section 1 of the Superannuation Act 1972). Section 5(4) of the 1971 Act confers power to provide for increases to take effect retrospectively. Regulation 4 permits increases in respect of any pension beginning on or after 2 March 1992.

Footnotes

[^f00001]: 1971 c. 56.

[^f00002]: By virtue of article 2(1)(c) of the Transfer of Functions (Minister for the Civil Service and Treasury) Order 1981 (S.I. 1981/1670).

[^f00003]: Section 8(2) was amended by section 1(5) of the Pensions (Miscellaneous Provisions) Act 1990 (c. 7).

[^f00004]: 1972 c. 11; section 1 was amended by section 8(1) and (2) of the Pensions (Miscellaneous Provisions) Act 1990 (c. 7).

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