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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 January 2018 - onwards
Version 2 of 2

28. Interpretation (Part 4)

(1) In this Part -

"certified pension scheme" means a scheme or arrangement referred to in paragraph (c) of the definition of "public service pension scheme";

"core member" means a Core scheme Member, as that term is defined in the rules of the North/South Pension Scheme, who pays contributions under that scheme at the rate agreed between the Minister, the Minister of Finance for Northern Ireland and the North/South Ministerial Council;

"defined contribution scheme" has the same meaning as it has in the Pensions Act 1990;

"fast accrual pension scheme" means a pre-existing public service pension scheme or certified pension scheme in accordance with the terms of which a member qualifies for the maximum pension benefit to which the member is entitled under the scheme on completion by that member of less than 40 years of service;