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Transfer of pension rights to EC institutions scheme.
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5.— The Principal Act is amended by inserting the following after section 8:
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“Transfer of pension rights to EC institutions scheme.
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8A.— (1) In this section, “Annex VIII” means Annex VIII to the Staff Regulations of Officials of the European Communities, being the regulations referred to in Council Regulation (EEC, Euratom, ECSC) No. 259/68 of 29 February 1968.
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(2) Payments required to be made for the purposes of Article 11(2) of Annex VIII shall be made out of the Social Insurance Fund.
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(3) Any moneys payable to the State under Article 11(1) of Annex VIII shall be paid into the Social Insurance Fund.
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(4) Upon the transfer of a person’s pension entitlements or contributions under subsection (2), any contributions so transferred shall not count for the purposes of calculating entitlements to the benefits or pensions to which this section applies.
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(5) For the purposes of this section, regulations may provide for—
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(a) the calculation of the amounts payable under subsection (2),
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(b) the benefits and pensions to which this section applies,
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(c) the claims and administrative procedures, and
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(d) any matter ancillary or incidental to any of the matters referred to in any of paragraphs (a) to (c).”.
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