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You are here: BAILII >> Databases >> United Kingdom Legislation >> Police and Firemen´s Pensions Act 1997 (c. 52) URL: http://www.bailii.org/uk/legis/num_act/1997/ukpga_19970052_en_1.html |
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An Act to amend the Police Pensions Act 1976 and the Fire Services Act 1947 so as to make provision in respect of transfer values and other lump sum payments and permit police and fire authorities to provide information relating to pension schemes.
[21st March 1997]
Be it enacted by the Queen´s most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:–
(1) Section 1 of the [1976 c. 35.] Police Pensions Act 1976 (police pensions regulations) shall have effect, and shall be deemed always to have had effect, as if the following subsection were inserted after subsection (2)–
"(2A) Without prejudice to the generality of the provisions of subsection (1) above, any such regulations may make provision for the payment and receipt by police authorities of transfer values or of other lump sum payments made for the purpose of creating or restoring pension rights."
(2) In section 7 of that Act (payment of pensions and contributions), in subsection (1), for the words "such other payments as are mentioned in section 4(2) above, being made" there shall be substituted "such other payments and receipts as are mentioned in sections 1(2A) and 4(2) above, being paid".
(3) Section 26 of the [1947 c. 31.] Fire Services Act 1947 (the Firemen´s Pension Scheme) shall have effect, and shall be deemed always to have had effect, as if the following paragraph were inserted after paragraph (g) of subsection (2)–
"(ga) for the payment and receipt by fire authorities of transfer values or of other lump sum payments made for the purpose of creating or restoring rights to pensions, allowances and gratuities;".
After section 8 of the [1976 c. 35.] Police Pensions Act 1976 there shall be inserted the following section–
(1) A police authority may in prescribed circumstances–
(a) provide information in connection with the questions specified in subsection (2) below to a prescribed person; and
(b) require that person to pay a reasonable fee in respect of any administrative expenses incurred in providing that information.
(2) The following are the questions mentioned in subsection (1) above–
(a) whether an individual who has opted or transferred out has suffered loss as a result of a contravention which is actionable under section 62 of the [1986 c. 60.] Financial Services Act 1986 (actions for damages in respect of contravention of rules etc. made under the Act), and
(b) if so, what payment would need to be made in respect of that individual to the police authority concerned to restore the position to what it would have been if that individual had not opted or transferred out.
(3) Where–
(a) an individual who has opted or transferred out becomes entitled to make contributions to a police authority in respect of police pension rights, or
(b) a payment is made to a police authority in respect of such an individual for the purpose mentioned in subsection (2)(b) above,
the police authority may require a prescribed person to pay a reasonable fee in respect of any administrative expenses incurred in connection with that entitlement or payment.
(4) For the purposes of this section, an individual shall be taken to have opted or transferred out if–
(a) for any period during which he is a member of a police force, he does not make contributions in respect of police pension rights but instead makes contributions to a personal pension scheme; or
(b) a transfer value is paid in respect of the individual by a police authority to a personal pension scheme.
(5) In this section–
"personal pension scheme" has the meaning given by section 1 of the [1993 c. 48.] Pension Schemes Act 1993;
"police pension rights" means pensions rights under regulations made under section 1 above;
"prescribed" means prescribed by regulations made under this section.
(6) The power to make regulations under this section shall be exercisable by statutory instrument which shall be subject to annulment in pursuance of a resolution of either House of Parliament."
After section 27 of the [1947 c. 31.] Fire Services Act 1947 there shall be inserted the following section–
(1) A fire authority may in prescribed circumstances–
(a) provide information in connection with the questions specified in subsection (2) below to a prescribed person; and
(b) require that person to pay a reasonable fee in respect of any administrative expenses incurred in providing that information.
(2) The following are the questions mentioned in subsection (1) above–
(a) whether an individual who has opted or transferred out has suffered loss as a result of a contravention which is actionable under section 62 of the [1986 c. 60.] Financial Services Act 1986 (actions for damages in respect of contravention of rules etc. made under the Act), and
(b) if so, what payment would need to be made in respect of that individual to the fire authority concerned to restore the position to what it would have been if that individual had not opted or transferred out.
(3) Where–
(a) an individual who has opted or transferred out becomes entitled to make contributions under the Scheme to a fire authority, or
(b) a payment is made to a fire authority in respect of such an individual for the purpose mentioned in subsection (2)(b) above,
the fire authority may require a prescribed person to pay a reasonable fee in respect of any administrative expenses incurred in connection with that entitlement or payment.
(4) For the purposes of this section, an individual shall be taken to have opted or transferred out if–
(a) for any period during which he is a member of a fire brigade maintained in pursuance of this Act, he does not make contributions under the Scheme but instead makes contributions to a personal pension scheme; or
(b) a transfer value is paid in respect of the individual by a fire authority to a personal pension scheme.
(5) In this section–
"personal pension scheme" has the meaning given by section 1 of the [1993 c. 48.] Pension Schemes Act 1993;
"prescribed" means prescribed by regulations made by the Secretary of State under this section;
"the Scheme" has the same meaning as in sections 26 and 27 of this Act."
(1) This Act may be cited as the Police and Firemen´s Pensions Act 1997.
(2) Sections 2 and 3 above shall come into force at the end of the period of two months beginning with the day on which this Act is passed.
(3) This Act does not extend to Northern Ireland.