Examples of PSA 1993 in a sentence
Chapter 5 of Part 4 of PSA 1993 was inserted by section 264 of the Pensions Act 2004 (c.
Standard CETV under PSA 1993 (to be provided within deadline requested).
The Arizona Board of Regents on behalf of The University of Arizona By: /s/ Xxxxxxxx X.
The following definitions shall apply in this Schedule unless inconsistent with the context: Contributions Equivalent Premium has the same meaning as in the PSA 1993.
The main piece of secondary legislation under the PSA 1993 relating to GMPs was the Occupational Pension Schemes (Contracting-out) Regulations 1996, SI 1996/1172 (the “CO Regs 1996”).
As for the second, by way of repetition, the formula for calculating GMP is contained in section 14 PSA 1993, which is set out above.
In the event of such postponement, the Guaranteed Minimum Pension shall be increased to the extent (if any) specified in the PSA 1993 and shall be subject to Regulation 8 of the Contracting-out (Protection of Pensions) Regulations 1991 (SI 1991/166).
This is known as the “NI rebate”, and is set out in the PSA 1993, sections 41(1A) and (1B).
Where payment of a GMP is postponed, it must be increased at the rate specified in section 15 PSA 1993.
The PSA 1993 contains some highly complicated provisions applicable to GMPs known as the “anti-franking” provisions: sections 87-92 PSA 1993.