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The Postal Services Act 2011 (Transfer of Accrued Pension Rights) Order 2012

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2.  In this Order—

“the Act” means the Postal Services Act 2011;

“Assets Order” means the Postal Services Act 2011 (Transfer of Assets) Order 2012(1);

“POL” means Post Office Limited (registered number 02154540);

“qualifying member of the RMPP” has the meaning given in the RMSPS Rules;

“the qualifying time”(2) means the time immediately before 1 April 2012;

“RMPP Amendments” means the amendments made by article 11 to the trust deed and rules of the RMPP(3), as set out in the Statement of Amendments;

“RMPP Rules” has the meaning given in the RMSPS Rules;

“RMSPS” means the Royal Mail Statutory Pension Scheme;

“RMSPS Rules” means the rules governing the RMSPS (as set out at Schedule 1);

“Statement of Amendments” means the document entitled “Statement of Amendments to the Royal Mail Pension Plan to be effected by the Postal Services Act 2011 (Transfer of Accrued Pension Rights) Order 2012 (S.I. 2012/687)”, authored by Slaughter and May dated 9 March 2012 and placed in the Libraries of the House of Commons and the House of Lords.

(2)

Qualifying time is defined at section 16(1) of the Postal Services Act 2011.

(3)

RMPP is defined in the Postal Services Act 2011 as the Royal Mail Pension Plan.

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