Public Employees
(Contributory Retirement Scheme) (Transitional Provisions) (Jersey)
Regulations 1987
1
(1) These Regulations shall
be construed as one with the Public Employees
(Contributory Retirement Scheme) (Jersey) Regulations 1967, hereinafter referred to as the
“principal Regulations”.
(2) In these Regulations –
“effective date” means the date of the coming into force
of these Regulations;
“member” means a contributory member who was an employee
of the States before 2nd December 1986 and who continued to be so employed
after that date.
2
Where a member becomes
entitled to receive a retirement pension on or after the effective date but
before 1st January 1988, the member may elect, in accordance with the
provisions of Regulation 7, that these Regulations shall apply to the member.
3
Where a member became
entitled to receive a retirement pension after 2nd December 1986, but
before the effective date, the member may elect that these Regulations shall
apply to the member and, in such case, the Committee shall apply these Regulations
to the member as from the date on which the member became so entitled in
accordance with such advice as the actuary shall specify as appropriate to the
particular case.
4
Where a member became
entitled to receive a retirement pension after 2nd December 1986, but died
before the effective date or within one month thereafter without having made an
election under these Regulations, the member shall be deemed to have made such
an election if, in accordance with advice which the Committee shall obtain from
the actuary, it would be in the interests of the member’s family or
estate.
5
A member who dies in
service before 1st January 1988, shall be deemed to have made an election
under these Regulations if, in accordance with advice which the Committee shall
obtain from the actuary, it would be in the interests of the member’s
family or estate.
6
Where a member has made
an election, or is deemed to have made an election under these Regulations,
these Regulations shall apply to the member until 1st January 1988 save
that the member’s pension shall continue to be calculated after that date
in accordance with the provisions of these Regulations.[1]
7
An election made under
these Regulations shall be made –
(a) on a form provided for
that purpose by the Committee;
(b) within one month next
following the effective date in respect of members to whom a retirement pension
was payable between 3rd December 1986 and the effective date;
(c) before the date of
retirement in respect of all other members.
8
(1) In respect of any
member to whom these Regulations apply, the principal Regulations shall be
amended in Regulation 1(1), by deleting in the definition of “average
salary”, the words “average of the annual” and by
substituting for the words “3 years” the words “best
successive 365 days in the 3 years”.
(2) In respect of any
member to whom these Regulations apply and who dies during 1987, the
principal Regulations shall be amended by substituting in Regulation 8(1)(a),
for the word “10” the word “5”.
(3) In any case where a
member to whom these Regulations apply, becomes entitled to receive a
retirement pension the member may exchange up to a maximum of one-quarter of
the annual amount of the member’s annual pension for a lump sum payment,
in which case for each £1 of the pension the sum of £9 shall be
payable.
9
These Regulations may be
cited as the Public Employees (Contributory Retirement Scheme) (Transitional
Provisions) (Jersey) Regulations 1987.