On 13 January 2015, the Northern Ireland Assembly approved a motion that the Westminster Pension Schemes Act 2015 (‘the Act’) extend to legislate for Northern Ireland for the purpose of restricting transfers from the unfunded public service defined benefit pension schemes to defined contribution schemes. Section 71 of the Act amends section 91 the Pension Schemes (Northern Ireland) Act 1993 so that public service pension entitlements under that section cannot be transferred to schemes in which they could be drawn down as flexible benefits.
Related articles
- Active Member Frequently Asked Questions (FAQs)
- alpha moving dates
- alpha Regulations
- An introduction to alpha
- Associated Scheme Rules
- Deferred Members Frequently Asked Questions (FAQs)
- Employee Contribution Rates
- Employee Pension Notices 2016
- Employee Pension Notices 2017
- Employee Pension Notices 2018
- Employee Pension Notices 2019
- Employer Contribution Rates
- Employer Pension Notices
- Freedom and Choice in Pension Saving
- General information for pensioners
- High earners
- Important information about transfer restrictions before 6 April 2015
- Important information about transfer restrictions from 6 April 2015
- Key features of the NICS Pension Schemes
- Lifetime allowance from 6 April 2016
- National Fraud Initiative 2016-2017
- New Fair Deal
- NICS Pension Schemes - Employer Calculators
- NICS Pension Schemes - Employers Forms
- NICS Pension Schemes - New Entrant Pension Pack
- NICS Pension Schemes Members - Publications
- PCSPS(NI) Rules
- Pension payment details
- Pension Reform 2015
- Pension Savings Statement and Pension Taxation Frequently Asked Questions (FAQs)
- Pensioners Frequently Asked Questions (FAQs)
- Pensions and tax
- Pensions and tax - questions and answers
- Scheme Pays
- Stakeholder pensions
- Transfers
- Voluntary deductions
- Which NICS pension scheme am I in?
- Who in addition to civil servants can participate in the Northern Ireland Civil Service Pension arrangements?