SECTION 8: THE UNITED KINGDOM ATOMIC ENERGY AUTHORITY
AND ASSOCIATED EMPLOYERS SHIFT PAY PENSION SAVINGS PLAN
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Part 2 – Membership.
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| 6. |
A person shall be qualified for membership of the Plan if
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(a) |
(i) |
he is a member of the Principal Scheme in Service in Great
Britain or Northern Ireland, or with the prior approval of the Board of
HM Revenue and Customs such other territory or territories as the Employers and
the Authority shall from time to time agree; and |
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(ii) |
he is in receipt of Pensionable Shift Pay; and
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(iii) |
the Authority shall determine that he is eligible for membership
of the Plan. |
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(b) |
If he is an Ex-Spouse Participant and is the subject of
a Pension Sharing Order, agreement or equivalent provision, received by
the Scheme.
The Authority must make provision for the Pension Credit Benefits under
the scheme to be treated as provided separately from any benefits provided
under the scheme for the same individual as an employee or as the Dependant
of an employee.
Participation in the scheme is offered to the Ex-Spouse either where
the same individual is an employee or the Dependant of an employee, or
where the Ex-Spouse only has Pension Credit Benefits under the scheme.
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| 7. |
Subject to Rule 8 below, a person qualified under Rule 6 above
shall become a Member of the Plan from the first date of the first payment
of Pensionable Shift Pay. |
| 8 |
For those employees only who were in post and in receipt of
Pensionable Shift Pay at the Commencing Date, the following provisions shall
apply. |
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(i) |
Where before the 31st day of March 1998 or such later date
as the Authority and Employers may have agreed, but in no case later than
the 30th day of April 1998, an employee notified the Authority that he opted
for his Shift Pay to be no longer reckoned as part of his pensionable earnings
for the purposes of the Principal Scheme, that employee shall be a Member
of the Plan and his membership shall be deemed to have commenced from the
date of the first payment into the Plan in respect of that Member.
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(ii) |
Where before the 31st day of March 1998 or such later date
as the Authority and Employers may have agreed, but in no case later than
the 30th day of April 1998, an employee notified the Authority that he opted
for his Shift Pay to continue to be reckoned as part of his pensionable
earnings for the purposes of the Principal Scheme or did not by that date
notify the Authority of any option as to his Pensionable Shift Pay, that
employee shall not be a Member of the Plan, unless the Authority and the
Authority shall otherwise agree. |
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