S.I. No. 542/2017 - National University of Ireland, Maynooth Employee Superannuation Scheme 2017


Notice of the making of this Statutory Instrument was published in

“Iris Oifigiúil” of 1st December, 2017.

The National University of Ireland, Maynooth, with the approval of An tÚdarás um Ard-Oideachas with the consent of the Minister for Education and Skills and the Minister for Public Expenditure and Reform, in exercise of the powers conferred on it by section 25 (7) of the Universities Act 1997 (No. 24 of 1997), hereby make the following Scheme.

Citation

1. This Scheme may be cited as the National University of Ireland, Maynooth Employee Superannuation Scheme, 2017.

Commencement

2. This Scheme shall be deemed to have commenced with effect from 29 November 2004.

Adoption of Rules for pre-existing Public Service Pension Scheme Members

3. The rules set out in the Rules for Pre-Existing Public Service Pension Scheme Members Regulations 2014 ( S.I. No. 582 of 2014 ) (hereinafter called “The Regulations”) are adopted as the rules of this Scheme for the purposes of Article 2 of the Regulations, subject to the modifications specified in Articles 4, 5 and 6.

Membership

4. In Article 5(2)(a) of the Regulations the following is inserted after the words “relevant body”—

or who is an active member of the National University of Ireland, Maynooth (Closed) Pension Scheme, as set out in S.I. 494 of 2009,

Reference to Age 65 in certain Articles

5. In this Scheme, in Articles 5(2)(b) and 5(5) of the Regulations, the reference to age 65 shall be read as the September 30 coincident with or if not coincident with, immediately following, the attaining of age 65.

Article 7 of the Regulations

6. In article 7(3) of the Regulations “5% of the pensionable remuneration or,” is deleted.

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SIGNED, SEALED and DELIVERED BY Dr Philip Nolan, President, as the duly Authorised Representative of the National University of Ireland, Maynooth, 2017.

PHILIP NOLAN,

President National University of Ireland, Maynooth.

21 July 2017.

An tÚdarás um Ard-Oideachas hereby approves the foregoing Scheme.

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GIVEN under the Official Seal of An tÚdarás um Ard-Oideachas,

21 July 2017.

GRAHAM LOVE,

Chief Executive Officer, an Tdars um Ard-oideachas.

The Minister for Education and Skills hereby consents to the foregoing Scheme.

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GIVEN under the Official Seal of the Minister for Education and Skills,

21 September 2017.

RICHARD BRUTON,

Minister for Education and Skills.

The Minister for Public Expenditure and Reform hereby consents to the foregoing Scheme.

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GIVEN under the Official Seal of the Minister for Public Expenditure and Reform,

21 September 2017.

PASCHAL DONOHOE,

Minister for Public Expenditure and Reform.