S.I. No. 126/1990 - Local Government (Superannuation Revision) (Consolidation) (Amendment) Scheme, 1990.

S.I. No. 126 of 1990.

LOCAL GOVERNMENT (SUPERANNUATION REVISION) (CONSOLIDATION) (AMENDMENT) SCHEME, 1990.

The Minister for the Environment, in exercise of the power conferred on him by sections 2 and 5 of Local Government (Superannuation) Act, 1980 (No. 8 of 1980), with the consent of the Minister for Finance, hereby makes the following Scheme:

1 Short Title.

1. ( a ) This Scheme may be cited as the Local Government (Superannuation Revision) (Consolidation) (Amendment) Scheme, 1990.

( b ) This Scheme, the Local Government (Superannuation Revision) (Consolidation) Scheme, 1986 ( S.I. No. 391 of 1986 ) and the Local Government (Superannuation Revision) (Consolidation) (Amendment) Scheme, 1987 ( S.I. No. 315 of 1987 ) shall be construed as one and may be cited together as the Local Government (Superannuation Revision) (Consolidation) Scheme, 1986 to 1990.

2 Commencement.

2. This Scheme shall be deemed to have come into force on the 1st day of January, 1990.

3 Amendments.

3. The Local Government (Superannuation Revision) (Consolidation) Scheme, 1986 is hereby amended as follows:

( a ) by the insertion of "in respect of the period beginning on the commencement of this Scheme and ending on the 31st day of December, 1989," after the words "received by them" in articles 23 (4) (a) and 45 (4) (a) and after the word "repayment" in articles 25 (4) (i), 47 (4) (i) and 65 (2) (i), and

( b ) by the substitution of the following sub-article for sub-article (4) of article 54:

"(4) There shall be paid out of moneys provided by the Oireachtas to a local authority paying any lump sum, allowance or gratuity (including a preserved lump sum, preserved pension or preserved death gratuity) granted under this Scheme by a vocational education committee, in aid of the rate or fund out of which the lump sum, allowance or gratuity is paid,

( a ) in respect of the period beginning on the commencement of this Scheme and ending on the 31st day of December, 1989 — one-half of every payment,

( b ) in respect of any subsequent period — the amount of every payment,

made by the local authority in respect of the lump sum, allowance or gratuity".

GIVEN under the Official Seal of the Minister for the Environment this 23rd day of May, 1990.

PADRAIG FLYNN

Minister for the Environment.

The Minister for Finance hereby consents to the Local Government (Superannuation Revision) (Consolidation) (Amendment) Scheme, 1990.

GIVEN under the Official Seal of the Minister for Finance this 23rd day of May, 1990.

ALBERT REYNOLDS,

Minister for Finance.

EXPLANATORY NOTE.

This Scheme amends the Local Government (Superannuation Revision) (Consolidation) Scheme, 1986 to provide for revised financial arrangements for the superannuation of persons employed by vocational education committees.