Pensions Act 2008 (c. 30)

Part 2 E+W+S Simplification etc

Private pensions E+W+S

100 Abolition of safeguarded rights E+W+S

Part 3A of the Pension Schemes Act 1993 (safeguarded rights) ceases to have effect.

101 Revaluation of accrued benefits etc E+W+S

(1) Schedule 2, which—

(a) amends Schedule 3 to the Pension Schemes Act 1993 (methods of revaluing accrued pension benefits),

(b) amends Schedule 7 to the Pensions Act 2004 (c. 35) (pension compensation provisions), and

(c) makes consequential amendments,

has effect.

(2) The amendments made by Parts 1 and 3 of Schedule 2 do not apply in relation to a revaluation period ending before this section comes into force.

(3) In subsection (2), “revaluation period” has the same meaning as in paragraph 2 of Schedule 3 to the Pension Schemes Act 1993.

Commencement Information

I1 S. 101 wholly in force at 6.4.2009; s. 101 not in force at Royal Assent see s. 149(1); s. 101 in force at 6.4.2009 by S.I. 2009/82, art. 2(2)(b) and S.I. 2009/809, art. 2(2)(a)