S.I. No. 76/1980 - Great Northern Railway Company (Ireland) Pension Fund For Wages Staff (Amendment) Scheme (Confirmation) Order, 1980. Skip to content Disclaimer Feedback Helpdesk Gaeilge Léim go dtí an t-ábhar Séanadh Aiseolas Deasc chabhrach English Gaeilge English Produced by the Office of the Attorney General Táirgthe ag Oifig an Ard-Aighne Home Legislation Acts of the Oireachtas Statutory Instruments Pre-1922 Legislation Constitution External Resources Bills (Houses of the Oireachtas) Iris Oifigiúil / Official Gazette Revised Acts (LRC) Classified List of Legislation (LRC) Translations (acts.
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- s)or rangeBliain nó blianta nó raon TypeCineál All Legislation Acts Statutory Instruments Advanced SearchCuardach Casta HomeBaile Statutory InstrumentsIonstraimí Reachtúla 1980 S.I. No. 76/1980 - Great Northern Railway Company (Ireland) Pension Fund For Wages Staff (Amendment) Scheme (Confirmation) Order, 1980. S.I. No. 76/1980 - Great Northern Railway Company (Ireland) Pension Fund For Wages Staff (Amendment) Scheme (Confirmation) Order, 1980. AmendmentsLeasuithe S.I. No. 76 of 1980. GREAT NORTHERN RAILWAY COMPANY (IRELAND) PENSION FUND FOR WAGES STAFF (AMENDMENT) SCHEME (CONFIRMATION) ORDER, 1980. I, ALBERT REYNOLDS, Minister for Transport, in exercise of the powers conferred on me by section 44
(6)of the Transport Act, 1950 (No. 12 of 1950), as applied by section 15 of the Great Northern Railway Act, 1958 (No. 20 of 1958), and adapted by the Transport, Fuel and Power (Transfer of Departmental Administration and Ministerial Functions) Order, 1959 ( S.I. No. 125 of 1959 ), the Transport and Power (Alteration of Name of Department and Title of Minister) Order, 1977 ( S.I. No. 305 of 1977 ), and the Tourism and Transport (Alteration of Name of Department and Title of Minister) Order, 1980 ( S.I. No. 11 of 1980 ), hereby, after consultation with the Minister for the Public Service, order as follows:—
- This Order may be cited as the Great Northern Railway Company (Ireland) Pension Fund for Wages Staff (Amendment) Scheme (Confirmation) Order,
- In this Order "the scheme" means the scheme amending the Great Northern Railway Company (Ireland) Pension Fund for Wages Staff prepared by the Board and submitted to the Minister under section 15 of the Great Northern Railway Act, 1958 (No. 20 of 1958), and set out in the Schedule to this Order.
- The scheme is hereby confirmed and shall he deemed to have come into operation on the date of the making of this Order and shall be effective for a period of five years from that date. SCHEDULE. GREAT NORTHERN RAILWAY COMPANY (IRELAND) PENSION FUND FOR WAGES STAFF AMENDING SCHEME, 1980
- Definitions. In this amending Scheme "the existing Scheme" means the Great Northern Railway Company (Ireland) Pension Fund for Wages Staff as amended by amending schemes confirmed by Statutory Instruments numbered 53 of 1962, 50 of 1965, 9 of 1967, 60 of 1969, 81 of 1971, 251 of 1974 and 291 of
- The term "operative date" means the date of the Order of the Minister for Transport confirming this amending Scheme.
- In this amending Scheme unless otherwise expressly stated the words and expressions used shall have the meanings assigned to them by the existing Scheme.
- Amendment of the existing Scheme. The following new Clause shall be inserted in the Scheme to follow Clause 9
(2)of the amending Scheme set out in the Schedule to S.I. No. 53 of 1962 with effect from the operative date:— 9.
(2)( a ) A member having not less than ten years' service whose services are dispensed with within the period of five years following the operative date because of redundancy arising from any scheme for the re-organisation or more economical operation of any department of the Board's undertaking, he then being within ten years of reaching the normal age of retirement may, if the Board so agrees, be granted a reduced pension calculated in accordance with Article 5 of the Schedule to S.I. No. 50 of 1965 . ( b ) A member having not less than ten years' service whose services are dispensed with within the period of five years following the operative date for the cause specified in the preceding paragraph, he being then between the ages of50 and 55 years, may, if the Board so agrees, he granted a reduced pension deferred to and payable from the date on which he attains the age of 55 years, which reduced pension shall be calculated in accordance with Article 5 of the Schedule to S.I. No. 50 of 1965 . ( c ) If an additional contribution to the Fund is required to meet the cost of providing a reduced pension under paragraph (a) above, it shall be contributed by the member or by the Board or jointly by the member and the Board as they may agree between them. Paragraphs
(3)and
(4)of the said Clause 9 shall be renumbered
(4)and
(5)respectively. GIVEN under my Official Seal, this 12th day of March, 1980. ALBERT REYNOLDS, Minister for Transport. EXPLANATORY NOTE. The purpose of the scheme is to provide for the reduction, under certain conditions, of the retiring ages prescribed in the existing Scheme, to allow for voluntary early retirement or redundancy. Privacy Statement Accessibility European Legislation Identifier (PDF) Open Data License Ráiteas Príobháideachais Inrochtaineacht Aitheantóir Eorpach Reachtaíochta (ELI) Ceadúnas Sonraí Oscailte Liosta Fianán © Government of Ireland. Oireachtas Copyright Material is reproduced with the permission of the Houses of the Oireachtas © Rialtas na hÉireann. Atáirgtear ábhar faoi Chóipcheart le cead ó Thithe an Oireachtais