National Milk Agency Staff Superannuation Scheme 2010.
Statutory Instruments
Source: Statutory Instruments

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paragraphs: SHORT TITLE
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paragraphs: COMMENCEMENT
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paragraphs: DEFINITIONS
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paragraphs: 1 “Act” means the Superannuation (Miscellaneous Provisions) Act of 2004 (No. 7 of 2004);
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paragraphs: 2 “Agency” means the National Milk Agency;
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paragraphs: 3 “actual pensionable service” means service as defined in subparagraph 6.1 of this scheme but excluding service which is reckonable under Clauses (c), (e), (f) and (i) or any notional service transferred under Clause (d) of that subparagraph;
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paragraphs: 4 “fully insured member” means a member of this Scheme who is, or was before attaining the age of 66, insured for State Pension (Contributory) under the Social Welfare Acts;
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paragraphs: 5 “ill-health vesting period” means a period of at least five years actual pensionable service;
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paragraphs: 6 “Knock-for-Knock Agreement” under the Local Government Superannuation Code means an agreement under articles 279(8) and 280 of the Local Government (Superannuation) (Consolidation) Scheme, 1998;
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paragraphs: 7 “Local Government Superannuation Code” means any scheme or regulation made under the Local Government (Superannuation) Act, 1980 (No. 8 of 1980) other than the Local Government (Superannuation) (Gratuities) Regulations, 1984 (as amended) or the conditions laid down in Part V of the Local Government (Superannuation) (Consolidation) Scheme, 1998;
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paragraphs: 8 “member” means a pensionable employee to whom this Scheme applies;
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paragraphs: 9 “Minister” means the Minister for Agriculture Fisheries and Food;
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paragraphs: 10 “new entrant” shall be construed in accordance with section 2 of the Act;
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paragraphs: 11 “part-time employee” means an employee who works less than the standard hours of a comparable employee in a whole-time post;
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paragraphs: 12 “Pensions Ombudsman Regulations” means the Pensions Ombudsman Regulations 2003 to 2007 including any enactment which amends or extends any or all of those Regulations;
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paragraphs: 13 “personal rate” in relation to any Social Welfare benefit, means the rate of such benefit which is payable under the Social Welfare Acts to a single person excluding any increase that is payable on age grounds, or by virtue of the recipient living alone, or in respect of a qualified adult or child dependant, and “maximum personal rate” shall be construed accordingly;
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paragraphs: 14 “public service pension scheme” has the meaning assigned thereto in subsection 1(1) of the Act;
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paragraphs: 15 “reduced rate” in relation to any Social Welfare benefit, means the personal rate of such benefit if that rate is less than the maximum personal rate of State Pension (Contributory);
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paragraphs: 16 “Social Welfare Acts” means the Social Welfare Acts 1981 to 2010 including any enactment which amends or extends any or all of those Acts and any regulation, warrant or order made thereunder;
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paragraphs: 17 “Social Welfare Benefit” means State Pension (Contributory), State Pension (Transition), Invalidity Pension, Illness Benefit or Jobseeker’s Benefit payable under the Social Welfare Acts;
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paragraphs: 18 “State Pension (Contributory)” means the State Pension (Contributory) payable under the Social Welfare Acts;
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paragraphs: 19 “transfer value payment” means a payment calculated in accordance with such tables as are approved and in such manner as is determined by the Minister for Finance under this scheme, or the Minister for the Environment, Heritage and Local Government under the Local Government Code;
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paragraphs: 20 “vesting period” means a period of at least two years actual pensionable service except that for any period during which a member was or is a part-time employee the service shall be reckonable in the same way as if they had worked whole-time;
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paragraphs: 21 “work-sharing” means any arrangement which has been approved by the Minister under which a whole-time employee works less than the standard hours of the whole-time post;
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paragraphs: 22 “years” means a figure determined by the formula A + B/365 where A is the number of completed years in the period in question and B is any number of days additional to a completed year or a number of completed years in that period, and “year” shall be construed accordingly;
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paragraphs: MEMBERSHIP
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paragraphs: 1 For the purposes of this Scheme
(a) “pensionable employee” means—
(i) all employees appointed to pensionable posts on or after the commencement date;