The Public Service Pensions (Record Keeping and Miscellaneous Amendments) Regulations 2014
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Change 1
4 Records of member and beneficiary information
(1) In respect of member and beneficiary information, the records which are specified are— (a) the name of each member and of each beneficiary; (b) the date of birth of each member and of each beneficiary; (c) the gender of each member and of each beneficiary; (d) the last known postal address of each member and of each beneficiary; (e) each member’s identification number in respect of the scheme; (f) the national insurance number of each member who has been allocated such a number; and (g) in respect of each active member, deferred member and pensioner member— (i) the dates on which such member joins and leaves the scheme; (ii) details of such member’s employment with any employer participating in the scheme including— (aa) the period of pensionable service in that employment; and (bb) the amount of pensionable earnings in each year of that employment. (2) In respect of each member’s rights and, where applicable, of each beneficiary’s entitlement, to any benefits which are not money purchase benefits, injury benefits or compensation benefits under the scheme, the records which are specified are— (a) any formula or formulas used for calculating the member’s or beneficiary’s pension or benefit; (b) the percentage to be applied in respect of revaluation for each year to the member’s accrued rights to benefits under the scheme; and (c) any increase to be applied to the pensioner member’s or beneficiary’s pension or benefit in payment in each year. (3) In respect of each member’s rights to any money purchase benefits under the scheme, the records which are specified are— (a) any investment decisions taken by, or in relation to, the member; (b) any investments held on behalf of the member; and (c) any anticipated date of retirement notified by the member. (4) In respect of pension credits under section 29(1)(b) of the Welfare Reform and Pensions Act 1999 (creation of pension debits and credits) or under article 26(1)(b) of the Welfare Reform and Pensions (Northern Ireland) Order 1999 (creation of pension debits and credits), the records which are specified are records of any information relevant to calculating each member’s rights under the scheme which are attributable (directly or indirectly) to a pension credit. (5) In respect of pension debits under section 29(1)(a) of the Welfare Reform and Pensions Act 1999 or under article 26(1)(a) of the Welfare Reform and Pensions (Northern Ireland) Order 1999, the records which are specified are records of any information relevant to calculating any reduction in each member’s rights under the scheme which are attributable to a pension debit.
4 Records of member and beneficiary information
(1) In respect of member and beneficiary information, the records which are specified are— (a) the name of each member and of each beneficiary; (b) the date of birth of each member and of each beneficiary; (c) the gender of each member and of each beneficiary; (d) the last known postal address of each member and of each beneficiary; (e) each member’s identification number in respect of the scheme; (f) the national insurance number of each member who has been allocated such a number; and (g) in respect of each active member, deferred member and pensioner member— (i) the dates on which such member joins and leaves the scheme; (ii) details of such member’s employment with any employer participating in the scheme including— (aa) the period of pensionable service in that employment; and (bb) the amount of pensionable earnings in each year of that employment. (2) In respect of each member’s rights and, where applicable, of each beneficiary’s entitlement, to any benefits which are not money purchase benefits, injury benefits or compensation benefits under the scheme, the records which are specified are— (a) any formula or formulas used for calculating the member’s or beneficiary’s pension or benefit; (b) the percentage to be applied in respect of revaluation for each year to the member’s accrued rights to benefits under the scheme; and (c) any increase to be applied to the pensioner member’s or beneficiary’s pension or benefit in payment in each year. (3) In respect of each member’s rights to any money purchase benefits under the scheme, the records which are specified are— (a) any investment decisions taken by, or in relation to, the member; (b) any investments held on behalf of the member; and (c) any anticipated date of retirement notified by the member. (4) In respect of pension credits under section 29(1)(b) of the Welfare Reform and Pensions Act 1999 (creation of pension debits and credits) or under article 26(1)(b) of the Welfare Reform and Pensions (Northern Ireland) Order 1999 (creation of pension debits and credits), the records which are specified are records of any information relevant to calculating each member’s rights under the scheme which are attributable (directly or indirectly) to a pension credit. (5) In respect of pension debits under section 29(1)(a) of the Welfare Reform and Pensions Act 1999 or under article 26(1)(a) of the Welfare Reform and Pensions (Northern Ireland) Order 1999, the records which are specified are records of any information relevant to calculating any reduction in each member’s rights under the scheme which are attributable to a pension debit.
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