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Pension Schemes Act 2021

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There are currently no known outstanding effects for the Pension Schemes Act 2021, Paragraph 3. Help about Changes to Legislation

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3(1)Section 222 (the statutory funding objective) is amended as follows.E+W+S

(2)After subsection (2) insert—

(2A)The scheme's technical provisions shall be calculated in a way that is consistent with the scheme's funding and investment strategy, as set out in the scheme's statement of strategy.

(3)In subsection (3)(b), after “in a prescribed manner and” insert “ , subject to subsection (2A), ”.

Commencement Information

I1Sch. 10 para. 3 in force at Royal Assent for specified purposes, see s. 131(3)(b)

I2Sch. 10 para. 3 in force at 6.4.2024 in so far as not already in force by S.I. 2024/451, reg. 2(b) (with reg. 3)

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