- added year
means a period of reckonable service as a participating Member purchased under regulation Q1 and Schedule 6 including a part of a year expressed in days and any future added year;
- basic or prospective pension or pensions
has the meaning assigned to it by regulation K6;
- child
has the same meaning as in that regulation.
- Class A participant
means any participant who joined the principal scheme on or after 1st June 1989 or any other participant who has elected to become a Class A participant (however termed) under the rules of the principal scheme;
- Class B participant
means any participant who joined the principal scheme on or after 17th March 1987 and before 1st June 1989 and has not elected to become a Class A participant;
- Class C participant
means any participant who joined the principal scheme before 17th March 1987 and has not elected to become a Class A participant;
- contracted-out scheme
means an occupational pension scheme which is for the time being specified in a contracting-out certificate issued by the Occupational Pensions Board under regulations made in accordance with section 31 of the Pensions Act 1975;
- contributions equivalent premium
has the same meaning as in section 42(1) of the Pensions Act 1975;
- deferred pensioner
means a person who— (a) having been but having ceased to be a participant;
- effective resolution
means a resolution of the House of Commons relating to the remuneration of Members which is not framed as an expression of opinion and where there are at any time two or more such resolutions in force they shall be read together;
- fraction of a year
means part of a year of reckonable service expressed as the proportion borne by the number of days in that part to three hundred and sixty-five;
- gainful work
means work under a contract of employment, or as the holder of an office, or as a self-employed person engaged in a business or profession, being in any case work from which the person concerned gains the whole or a substantial part of his income.
- guaranteed minimum pension
has the same meaning as in section 35 and section 36(3) of the Pensions Act 1975;
- normal retirement date
means the date on which a participant reaches the age of sixty-five;
- NS
means in respect of the pension of a person, the lesser of 40 years and the period in years and any fraction of a year of his prospective actual reckonable service at the relevant date;
- office holder
means the holder of a qualifying office.
- opted-out Member
has the meaning assigned to it by regulation C4(4);
- opted-out office holder
has the meaning assigned to it by regulation C5(4);
- overseas fund or scheme
means a fund or scheme which is established outside the United Kingdom and wholly or primarily administered outside the United Kingdom;
- participant
means a person making contributions to the Fund;
- participating Member
means a person making contributions to the Fund deducted from his salary as a Member of the House of Commons (or who is excused from making such contributions because his aggregate period of reckonable service exceeds that which would give rise to the maximum pension allowed in respect of him under the principal scheme);
- participating office holder
means a person making contributions to the Fund deducted from his salary as an office holder;
- payment for the purchase of added years
means such a payment whether payable periodically or by way of a single lump sum;
- pension
means a pension, expressed as an annual amount, under Part F (pension entitlement), Part H (early retirement) or Part J (ill-health pensions) as the case may be;
- pensionable service
means actual service as a participant;
- pensioner
means a person entitled to receive a pension from the Fund;
- pensioner Member
means a person entitled to receive a pension from the Fund (including an early retirement pension or an ill health pension) in respect of his service as a Member of the House of Commons;
- pensioner office holder
means a person entitled to receive a pension from the Fund (including an early retirement pension or an ill health pension) in respect of his service as an office holder;
- period of tenure of a qualifying office
means any continuous period beginning on or after 1st April 1972 for which a person is—
- periodical contributions
means the sums payable by a participating Member whose application to purchase added years other than by a single payment has been accepted by the Trustees. • “relevant terminal salary” has the same meaning as “the relevant terminal salary” in regulation F2(2);
- prospective actual reckonable service
means in respect of a person— (a) at a date falling before his sixty-fifth birthday, his actual reckonable service before and after that date, assuming continuous actual reckonable service by him from that date until his sixty-fifth birthday;
- qualifying office
means any of the following offices— and “office holder” means the holder of a qualifying office.
- relevant child
(subject to the provisions of Schedule 5) means any child of the deceased, or of any wife or husband of the deceased who— “the provision as to cohabitation” means paragraph 1(4) of this Schedule, or that paragraph as applied by paragraph 3(5).
- relevant date
means the relevant date for the determination under any provision of these Regulations of the pension of a person;
- relevant terminal salary
has the same meaning as “the relevant terminal salary” in regulation F2(2);
- retained benefits
means benefits for a participant derived from— (a) retirement benefits schemes approved or seeking approval under Chapter I Part XIV or relevant statutory schemes as defined in section 611A of the Taxes Act 1988, excluding benefits in respect of service;
- retained lump sum benefits
means retained benefits which are payable as single payments whether by way of commutation of accrued pension rights, refund of contributions or otherwise;
- salary
(except in the expression “a Member’s ordinary salary”) means salary payable to the office holder in respect of his tenure of that office.
- service
means service as a Member of the House of Commons or as an office holder, and includes, where appropriate, any increase in reckonable service attributable to sums received by way of transfer value or to the purchase of added years.
- tax year
means a year beginning on the 6th April in any year and ending on the following 5th April. • “transfer premium” has the same meaning as in section 44A of the Pension Act 1975.
- the 1965 Act
means the Ministerial Salaries and Members' Pensions Act 1965;
- the 1972 Act
means the Parliamentary and other Pensions Act 1972;
- the 1987 Act
means the Parliamentary and other Pensions Act 1987;
- the appropriate figure
means the figure (whether being a whole number or not) by which the number of days comprised in the person’s actual period of reckonable service as a participating office holder must be multiplied in order to be equal to twelve months.
- the appropriate fraction
means— a in relation to the year beginning with 1st April 1984 and subsequent years, one-fiftieth;
- the Consolidated Fund
means the Consolidated Fund of the United Kingdom;
- the deceased
means the person on whose death a children’s pension is or may be payable under regulation K3, and “child” has the same meaning as in that regulation.
- the material time
means the time when the deceased in fact died.
- the multiple
means (a) subject to paragraph (b) below, in respect of a pension under regulation F1 of a person who is or has been a participating Member, the relevant terminal salary under regulation F2(2);
- the Pensions Act 1975
means the Social Security Pensions Act 1975;
- the principal scheme
means the scheme from time to time in force;
- the provision as to cohabitation
means paragraph 1(4) of this Schedule, or that paragraph as applied by paragraph 3(5).
- the Taxes Act 1988
means the Income and Corporation Taxes Act 1988;
- transfer premium
has the same meaning as in section 44A of the Pension Act 1975.
- year
(except in the expression “sixty-five years”) means a period of twelve months beginning with 1st April.