Pensions (Amendment) Act, 1996

Amendment of section 65 of Principal Act.

29.—Section 65 of the Principal Act is hereby amended by—

(a) the substitution for the definition of “member” of the following definition:

“‘member’ means any person who, having been admitted to membership under the rules of an occupational benefit scheme, remains entitled to any benefit under such scheme in respect of a period of membership whilst employed or self-employed within the State;”,

(b) the substitution for the definition of “occupational benefit scheme” of the following definition:

“‘occupational benefit scheme’ means any scheme or arrangement which is comprised in one or more instruments or agreements and which provides, or is capable of providing, occupational benefits in relation to employed or self-employed persons in any description of employment or self-employment within the State, but does not include—

(a) any individual contract made by or on behalf of an employed or a self-employed person, or

(b) any scheme which has only one member, or

(c) any scheme for the benefit of employees under which the benefits are provided in full by contributions paid by the employees;”,

and

(c) the deletion of the definition of “the Social Welfare Acts”.