The Railways Pension Scheme Order 1994

Rule 17C

SCHEDULE 1 TO THE RULES OF THE SHARED COST ARRANGEMENT BR MEMBERS WHO TRANSFERRED FROM CERTAIN RAILWAYS PENSION SCHEMES TO THE NEW SECTION

In this Schedule the following words have the following meaning:

“Existing Salaried Staff Super– annuation Fund”

means any one of the GWR, LMSR, LNER (New), LNER (Old), RCS or SR Sections of the British Railways Superannuation Fund, the London Transport (Administra– tive and Supervisory) Staff Superannuation Fund, National Freight Salaried Staff Pension Fund(1) or their predecessors.

(1) A Member who, immediately prior to joining the New Section on 14th September 1970, was a member of an Existing Salaried Staff Superannuation Fund, shall be granted additional Pensionable Service equal to the aggregate of:

(i) any additional period of membership of the said fund which may have been granted under the rule dealing with transfers from outside employment;

and

(ii) the period during which the Member contributed to the said fund.

(2) A Member who, immediately prior to joining the New Section on 7th April 1975, was a member of an Existing Salaried Staff Superannuation Fund shall be granted:

(a) a period of Pensionable Service equal to the aggregate of:

(i) item (i) in (1) above; and

(ii) the period prior to 14th September 1970 during which the Member contributed to the said Fund;

and

(b) an additional period of membership equal to 4 years 205 days.

(3) A Member who immediately prior to joining the New Section on 14th September 1970, 7th April 1975 or 6th April 1978 was a member of the British Transport Commission (Male Wages Grades) Pension Scheme(2) shall be granted a death benefit and a preserved pension equal respectively to the death benefit and pension he had accrued in the said Scheme on the date he left it without any reduction under rule 31 of the rules of the said Scheme.

(4) A Member who immediately before joining the New Section on 14th September 1970, 7th April 1975 or 6th April 1978 was a member of one of the following pension schemes:

(i) the Atlantic Steam Navigation Co. Ltd. Staff Pension Scheme;

(ii) the Cheshire County Council Superannuation Fund — Divided;

(iii) the Grand Union Canal Co. Superannuation Fund;

(iv) the Great Northern Railway Superannuation Fund;

(v) the Greater London Council Superannuation Fund;

(vi) the Hay’s Wharf Companies Superannuation Fund (Section B);

(vii) the Lee Conservancy Board — Employees' Scheme;

(viii) the Scottish Bus Group Pension Fund;

(ix) the Superannuation Fund Association of Chaplins Ltd.;

(x) the Thos. Bantock & Co. Superannuation Fund;

(xi) the Thos. Cook & Son Staff Pension & Provident Fund;

(xii) the Great Eastern Railway New Pension Supplemental Fund;

(xiii) the North Eastern Railways Servants' Pension Society;

(xiv) the London Midland and Scottish Railway (L.N.W.) Provident and Pension Society;

(xv) the London Midland and Scottish Railway (North Staffordshire Section) Friendly Society;

shall be granted such additional benefits as were determined by the actuary to the New Section.

(5) (a) This paragraph applies to Members who, immediately prior to joining the New Section between 14th September 1970 and 7th April 1975 inclusive:

(A) were entitled to a pension under what has become:

(i) chapter 1, item 1;

(ii) chapter 3, item 13;

(iii) chapter 5, item 4;

(iv) chapter 6, item 1 (salaried staff);

(v) chapter 6, item 2;

(vi) chapter 11, item 2;

(vii) chapter 11, item 3;

(viii) chapter 12, item 1;

or

(ix) chapter 14, item 3

of the booklet issued under the Contracts of Employment Act 1972(3) entitled “Pensions and Pension Schemes — Customary Practices” which forms the Appendix to clause 1 of the Schedule to the Pension Trust of the B.R. (1974) Pension Fund;

(B) were entitled to a pension under the London Transport Board Ex Gratia One Per Cent Pension Scheme;

(C) were entitled to a pension under the supplemental arrangements for certain members of the Great Western Railway Engineermen and Firemen’s Mutual Assurance Sick and Superannuation Society, or the supplemental arrangements for certain members of the Great Western Railway Pension Society;

(D) were members of the British Railways (Wages Grades) Pension Fund and immediately prior to joining that Fund had one of the entitlements mentioned in items (A), (B) or (C);

or

(E) were members of the LNER Section of the British Railways Superannuation Fund, and immediately prior to joining that Section were members of the British Railways (Wages Grades) Pension Fund and immediately prior to joining that Fund had one of the entitlements mentioned in items (A), (B) or (C).

(b) A Member to whom this paragraph applies shall be granted a period of Pensionable Service equal to the credited membership granted under rule 5(5)(b) of the British Railways Superannuation Fund.

(6) (a) This paragraph applies to a Member to whom paragraph (1) or (2) applies who immediately prior to joining the New Section was paying additional contributions (other than short term arrears) to an Existing Salaried Staff Superannuation Fund in respect of antedating or Added Years of membership.

(b) The Member shall pay to the Section the additional contributions which would have been paid to the said Fund had the Member remained a member of it.

(c) Subject to sub–paragraph (6)(d), the Member shall be granted an additional period of Pensionable Service equal to the period of antedated membership or added years of membership for which the Member was paying the additional contributions.

(d) If on ceasing to be a Member before Minimum Pension Age and if Rule 5D (Early Retirement through Incapacity) and Rule 7 (Death in Service on or before Age 65) do not apply, the additional period of Pensionable Service shall be reduced to:

(i) the said additional period of Pensionable Service but for this sub–rule (6)(d);

multiplied by

(ii) the number of years during which the additional contributions have been paid to the said Fund, to the New Section, the BR Pension Scheme and to the Section ignoring any such contributions which have been refunded;

and divided by

(iii) the number of years during which the Member would have paid the additional contributions if the Member had remained in the said Fund until Minimum Pension Age.

(e) With the consent of the Participating Employer, the Trustee may permit a Member to whom sub–paragraph (6)(d) applies to have the reduction required under that sub– paragraph waived on the payment by the Member of a lump sum determined by the Trustee on the advice of the Actuary.

(7) Where before joining the New Section a Member was re– admitted as a member of an Existing Salaried Staff Superannuation Fund after receiving benefit from that Fund, benefits from the New Section shall be reduced to the extent the Trustee thinks equitable.

(8) Where before joining the New Section a Member was a member of an Existing Salaried Staff Superannuation Fund and was subject to special conditions in respect of membership, benefits from the Fund shall be adjusted in such manner as the Trustee thinks equitable.

(9) (a) This paragraph applies to a Member who, immediately prior to joining the New Section on 14th September 1970, was a member of the British Railways (Wages Grades) Pension Fund.

(b) The Member shall be granted an additional period of Pensionable Service equal to the aggregate of:

(i)

(a) in relation to a Member who joined the British Railways (Wages Grades) Pension Fund on 14th August 1967, the greater of:

(A) 4 months for each complete year of service between the age of 25 and 1st October 1954 up to a maximum of 7 years; or

(B) one year for each complete year of service between 2nd October 1947 and 1st October 1954 up to a maximum of:

Member’s Age on 14th August 1967	Maximum additional years of Membership
58	7
57	6
56	5
55	4
54	3
53	2
52	1
51 or less	Nil

(ii) any additional period of membership of the British Railways (Wages Grades) Pension Scheme which may have been granted under the rule dealing with additional benefits purchased by transfer values received;

and

(iii) the period during which the Member contributed to the said Fund.

(c) If immediately prior to joining the British Railways (Wages Grades) Pension Fund he was a member of the British Transport (Male Wages Grades) Pension Scheme, the Member shall be granted the benefit specified in sub–paragraph 3.

(d) If immediately prior to joining the British Railways (Wages Grades) Pension Fund the Member was a member of a contributory pension scheme to which the British Railways Board contributed other than the British Transport Commission (Male Wages Grades) Pension Scheme, the Member shall be granted:

(i) a Preserved Death Benefit equal to the capital sum death benefit accrued in the relevant contributory pension scheme on the date of leaving it except that the part provided by the employer shall be limited to £125;

and

(ii) a Preserved Pension equal to the pension accrued in the relevant contributory pension scheme on the date of leaving it except that the part provided by the employer shall be limited to £24.05 per annum.

(10) A Member who immediately before joining the New Section on 14th September 1970 was a member of the LNER Section of the British Railways Superannuation Fund who had previously transferred from the British Railways (Wages Grades) Pension Fund shall be granted such additional pension (if any) as may have been determined by the Principal Employer (as defined in the BR Rules) to be necessary in order for the accrued benefits in the New Section on 14th September 1970 in respect of pensionable service prior to joining the said LNER Section to be no worse than if the Member had transferred directly from the British Railways (Wages Grades) Pension Fund to the New Section on 14th September 1970.

(1)

Copies of the Funds mentioned can be obtained from British Rail, Euston House, 24 Eversholt Street, PO Box 100, London NW1.

(2)

Copies of the British Transport Commission (Male Wages Grades) Pension Scheme can be obtained from Railway Pensions Management Limited, Stooperdale Offices, Brinkburn Road, Darlington DL3 6EH.

(3)

1972 c. 53.