National University of Ireland (Closed) Pension Scheme, 2010

• Jurisdiction: Ireland
• Year: 2010
• Citation: IR SI 283/2010

Notice of the making of this Statutory Instrument was published in

“Iris Oifigiúil” of 15th June, 2010.

The National University of Ireland, with the approval of An tÚdarás um Ard-Oideachas with the consent of the Minister for Education and Skills and the Minister for Finance, in exercise of the powers conferred on it by section 25(7) of the Universities Act 1997 (No. 24 of 1997) (as adapted by the Education and Science (Alteration of Name of Department and Title of Minister) Order 2010 ( S.I. No. 184 of 2010 )), hereby make the following Scheme:

1. This Scheme may be cited as the National University of Ireland (Closed) Pension Scheme 2010.

2. In this Scheme—

“An tÚdarás um Ard-Oideachas” means the body established by section 2 of the Higher Education Authority Act 1971 (No. 22 of 1971);

“National University of Ireland” means the university by that name in Dublin, constituted and founded by charter in pursuance of the Irish Universities Act 1908 (8 Edw. 7. c. 38.); and

“statute” means a statute made by the governing authority of the National University of Ireland under the Irish Universities Act 1908 (8 Edw. 7. c. 38.).

3. The instruments or provisions contained in the Schedule comprise the National University of Ireland (Closed) Pension Scheme 2010.

4. This Scheme is closed to new members appointed to the National University of Ireland on or after 1 January 2009.

SCHEDULE

(1) Statute LXXXVI dated 3 January 1951 whereby a Pension Fund, now known as the “Original Scheme”, was established.

(2) Statute CXLVIII dated 9 January 1969 whereby the Original Scheme was amended as provided therein.

(3) Statute CLXIV dated 13 July 1972 whereby the Original Scheme was amended as provided therein, subject to the words “the National University of Ireland may grant such increases in such pensions and preserved pensions under this scheme as may be authorised from time to time by the Minister for Education and Skills with the consent of the Minister for Finance” being substituted for the words “when salaries are increased the pension payable to any retired person shall be increased by the same percentage rate of increase”.

(4) The National University of Ireland General Pension Scheme approved by the Senate of the National University of Ireland on 25 April 1996 subject to—

(a) in paragraph 1.2, the words “the National University of Ireland may grant such increases in such pensions and preserved pensions under this scheme as may be authorised...