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Statutory Instrument 1999 No. 735The Overseas Service (Pensions Supplement) (Amendment) Regulations 1999(The document as of February, 2008) STATUTORY INSTRUMENTS1999 No. 735The Overseas Service (Pensions Supplement) (Amendment) Regulations 1999
The Secretary of State, in exercise of the powers conferred on her by sections 11, 11A, 12 and 13(2) and (4) of the Pensions (Increase) Act 1971[1] and of all other powers enabling her in that behalf, and with the approval of the Treasury[2], hereby makes the following Regulations: Citation, commencement and interpretation 1. - (1) These Regulations may be cited as the Overseas Service (Pensions Supplement) (Amendment) Regulations 1999 and shall come into force on 1st May 1999. (2) In these Regulations, "the principal Regulations" means the Overseas Service (Pensions Supplement) Regulations 1995[3]. Amendment of the principal Regulations 2.In regulation 19 of the principal Regulations (overseas increases), at the end there shall be added the following paragraphs:-
(5) Subject to paragraph (6), the amount of the lump sum shall be allocated equally among the periodical payments during that year, and the portion allocated to each payment shall be treated as an overseas increase of that payment. (6) Where the person entitled to the pension so requests, the Secretary of State may, instead of allocating the amount of the lump sum in accordance with paragraph (5), allocate it to or among one or more of the periodical payments during that year in such portions as he thinks fit, and the portion allocated to each payment shall be treated as an overseas increase of that payment.". 3.In regulation 22 of the principal Regulations (conversion to sterling), at the end there shall be added the following paragraph:-
4.In Schedule 3 to the principal Regulations, for the entry "1.6.61" in column 6 in relation to Bermuda there shall be substituted "1.4.61". (This note is not part of the Regulations) These Regulations amend the Overseas Service (Pensions Supplement) Regulations 1995 ("the principal Regulations"), which provide for payment by the Secretary of State of inflation-proofing supplements on pensions paid to or in respect of certain officers who have served in overseas territories. Under the principal Regulations the supplement is an amount ("the addition") corresponding to the inflation-proofing increases which United Kingdom civil service pensioners receive under Part I of the Pensions (Increase) Act 1971, less an amount ("the total overseas increase") being the sum of overseas increases, that is additions to the amount of the pension apart from supplement under the principal Regulations. Regulation 2 amends the principal Regulations to cater for the situation where a person is in receipt of a periodical pension and the overseas authority paying the pension gives him a lump sum bonus. The Regulations provide for the amount of this lump sum to be apportioned among the periodical payments of pension during the year following the date when it is due to be paid, and for the allocated amounts to be treated as an overseas increase of each periodical payment. The allocation will normally be among the periodical payments equally, but the Secretary of State has discretion to allocate among the periodical payments on a different basis if the pensioner so requests. Regulation 3 amends the principal Regulations to provide for conversion into sterling of a lump sum which is payable in a currency other than sterling. This is to be done at the exchange rate on the day when the lump sum is paid. Regulation 4 corrects an error in the specification of dates relevant to calculation of supplement in Schedule 3 to the principal Regulations. Notes: [1] 1971 c.56. Section 11 was amended by the Overseas Pensions Act 1973 (c.21), section 4(2) and Schedule 2; section 11A was inserted by section 4(1) of that Act; section 13(2) was amended by the Superannuation Act 1972 (c.11), Schedule 6, paragraph 88.back [2] See the Transfer of Functions (Minister for the Civil Service and Treasury) Order 1981 (S.I. 1981/1670).back [3] S.I. 1995/238, amended by S.I. 1996/1476.back ISBN 0 11 055989 4 -- Back --
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