- Latest available (Revised)
- Point in Time (19/05/2014)
- Original (As enacted)
Version Superseded: 12/02/2015
Point in time view as at 19/05/2014.
There are currently no known outstanding effects for the Pensions Measure 1997, Cross Heading: Church Commissioners.
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
(1)The Commissioners shall continue to be liable to meet the cost of—
(a)any pension arising from the retirement or death of a scheme member in so far as it is attributable to past service;
(b)any lump sum payment arising from the retirement of a scheme member in so far as it is attributable to past service;
(c)any lump sum payment arising from the death of a scheme member occurring before the appointed day.
(2)For the purposes of subsection (1) above, the amount of any pension or lump sum payment shall include any increase in the rate or amount thereof, augmentation of an individual’s pension or supplementary pension awarded under the regulations or rules, whether before or after the appointed day.
(3)The Commissioners shall not be liable to meet the cost of—
(a)any pension arising from the retirement or death of a scheme member in so far as it is attributable to future service; or
(b)any lump sum payment arising from the retirement of a scheme member in so far as it is attributable to future service; or
(c)any lump sum payment arising from the death of a scheme member occurring on or after the appointed day.
The Commissioners may, within such period as they may determine not exceeding the period of seven years following the commencement of the appointed day, make such grants to a responsible body as they may think expedient for the purpose of assisting that body in meeting the cost of any contribution due to be paid under section 4(1) above.
(1)The Commissioners may, within the period expiring with 31st December 2004, apply capital funds for the purpose of meeting the cost of any grant made under section 6 above.
(2)The Commissioners may, within the period expiring with 31st December [F22018], apply capital funds for the purpose of meeting the cost of—
(a)any pension or lump sum due to be paid under the past service scheme; or
(b)any pension or lump sum payment payable under the Church Commissioners Superannuation Scheme insofar as it is attributable to a period of service before the appointed day.
(3) In this section “ capital funds ” means funds held by the Commissioners, the income from which forms part of the Commissioners general fund. ]
Textual Amendments
F1S. 7 substituted (1.5.2003) by Church of England (Pensions) Measure 2003 (No. 2), s. 5, 7(2); Instrument made by Archbishops 2003/1,
F2Word in s. 7(2) substituted (2.4.2009) by Church of England Pensions (Amendment) Measure 2009 (No. 2), s. 1, 2(4)
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Point in Time: This becomes available after navigating to view revised legislation as it stood at a certain point in time via Advanced Features > Show Timeline of Changes or via a point in time advanced search.
Geographical Extent: Indicates the geographical area that this provision applies to. For further information see ‘Frequently Asked Questions’.
Show Timeline of Changes: See how this legislation has or could change over time. Turning this feature on will show extra navigation options to go to these specific points in time. Return to the latest available version by using the controls above in the What Version box.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: