S.I. No. 188/2005 - Occupational Pension Schemes (Preservation of Benefits) (Amendment) Regulations, 2005 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 2005 S.I. No. 188/2005 - Occupational Pension Schemes (Preservation of Benefits) (Amendment) Regulations, 2005 S.I. No. 188/2005 - Occupational Pension Schemes (Preservation of Benefits) (Amendment) Regulations, 2005 AmendmentsLeasuithe S.I. No. 188 of 2005 OCCUPATIONAL PENSION SCHEMES (PRESERVATION OF BENEFITS) (AMENDMENT) REGULATIONS, 2005 S.I. No. 188 of 2005 OCCUPATIONAL PENSION SCHEMES (PRESERVATION OF BENEFITS) (AMENDMENT) REGULATIONS, 2005 The Minister for Social and Family Affairs, in exercise of the powers conferred on him by sections 5 and 35 of the Pensions Act, 1990 (No. 25 of 1990), hereby makes the following Regulations:- Citation and Commencement 1.
(1)These Regulations may be cited as the Occupational Pension Schemes (Preservation of Benefits) (Amendment Regulations, 2005
(2)These Regulations come into operation on 11 April
- Transfer Payments.
- The Occupational Pension Schemes (Preservation of Benefits) Regulations, 2002 (S.I. 279 of 2002) are amended — (a) in article 2 by deleting the definition of “the nominated figure”, and (b) in article 3
(1)(a) by substituting “is less than €10,000” for “is less than the nominated figure”. GIVEN under the Official Seal of the Minister for Social and Family Affairs, this 11th day of April
- SÉAMUS BRENNAN Minister for Social and Family Affairs EXPLANATORY NOTE (This note is not part of the Instrument and does not purport to be a legal interpretation.) Article 3 of the Occupational Pension Schemes (Preservation of Benefits Regulations, 2002 (S.I. 279 of 2002) provides that for the purposes of section 35 of the Pensions Act 1990 , the trustees of an occupational pension scheme may effect a transfer payment from the scheme, without the consent of the member concerned where the total amount of the transfer payment from the scheme in respect of that member is less than €3,
- These Regulations increase that amount to €10,
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