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Pension Schemes Act (Northern Ireland) 2016

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    Commentary on Sections

    Part 2 – Collective Benefits

    Section 10: Policy about factors used to determine each benefitSection 11: Power to impose requirements about factors used to determine each benefit

    Section 10 provides that regulations may require trustees or managers to have a policy on the factors used to calculate members’ benefits and to implement that policy.  Section 11 allows the Department to prescribe requirements about the factors to be used.

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