The Local Government Superannuation (Merseyside Transport Limited) Regulations 1992
These Regulations make special provision for meeting the cost of pension increases for employees and former employees of Merseyside Transport Limited, a company admitted to the superannuation fund administered by Wirral Borough Council. The pension increases arise from the provisions of the Pensions (Increase) Act 1971. The Regulations provide that the company pays the cost for employees leaving service after 31st March 1990 and for employees who left service on or after 26th October 1986 but before 1st April 1990 in respect of service between those dates. Related changes are also made to the contributions paid to the fund by Merseyside Passenger Transport Executive.