Title: NRA superannuation fund : report and accounts March 1993
Author: National Rivers Authority Thames Region
Document Type: Monograph
As a public service pension scheme, the NRA Superannuation Fund (the Active Members Fund) is statutorily exempt from the overriding provisions relating to the issue and content o f a pension funds annual report; nevertheless, every effort has been made to ensure that this Report meets the major requirements imposed on other funds, allowing for the differences between statutory schemes and those operating under trust. The National Rivers Authority (NRA) is the legal administering authority of a Superannuation Fund for the Authority s employees. It is a statutory public service pension scheme under the Local Government Superannuation Regulations 1986 (as amended) (the Regulations) and is contracted-out o f the State Earnings Related Pension Scheme (SERPS). The NRA Superannuation Fund (the Active Members Fund) is exempt approved for purposes of Chapter I, Part XIV of the Income and Corporation Taxes Act 1988. Consequently, income and gains from investments are exempt from UK tax and the NRA and its employees enjoy tax relief on contributions paid to the Fund.
Publisher: National Rivers Authority
Publication Date: 1993
Publication Place: Reading
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