SCHEDULE 11 Pensions

SCHEDULE 11 Pensions

Section 134

Interpretation

1

(1)     In this Schedule—

“eligible personsâ€, in the case of any pension scheme, means—

(a)     any person who is an employee of—

(i)     the Board or any subsidiary of the Board,

[(ia)     . . .] or

(ii)     a publicly owned railway company or a [body corporate which is, or is to be, the franchisee or the franchise operator under a franchise agreement], . . .

(b)     . . .

but does not include any such person as is mentioned in paragraph (a) above who participates in the Transport Police scheme;

“employment†means employment under a contract of service or apprenticeship (whether express or implied and, if express, whether oral or in writing), and cognate expressions shall be construed accordingly;

“existing scheme†means any occupational pension scheme (other than a new scheme)—

(a)     which is a scheme for the provision of pensions for or in respect of persons with service in the railway industry (whether or not pensions may also be provided under the scheme for or in respect of persons without such service); and

(b)     which the Secretary of State by order designates as an existing scheme for the purposes of this Schedule;

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