SCHEDULES
SCHEDULE 2Basic information
F1PART 4Scheme closure: collective money purchase schemes
30
A statement that a decision has been made to pursue continuity option 3.
31
A summary of the reasons for the decision in paragraph 30.
32
An estimate of when information will be provided in accordance with paragraphs 34 to 38.
33
A statement that the scheme will continue to operate in respect of its current members and beneficiaries.
34
A statement confirming that the scheme will be closed, which must include whether it will be closed to new contributions or new members (or both).
36
The date the scheme will begin to operate as a closed scheme.
37
A statement explaining any impact that the closure will have in relation to accrued rights to benefits under the scheme, including any differences in impact for active, deferred and pensioner members.
38
The arrangements for—
a
the future operation of the scheme, and
b
where the scheme will be closed to new contributions, any scheme or section of a scheme to which future contributions may be made.
Sch. 2 Pt. 4 paras. 30-38 added (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) (Modifications and Consequential and Miscellaneous Amendments) Regulations (Northern Ireland) 2022 (S.R. 2022/192), regs. 1(1), 13(14)(d)