http://www.legislation.gov.uk/ukpga/2011/19/schedule/4/paragraph/30/enactedPensions Act 2011PensionsOccupational pensionsState pensionsCertificationBenefitsenKing's Printer of Acts of Parliament2016-11-11 SCHEDULESSCHEDULE 4 Pension Protection Fund Pension compensation sharing: postponement of compensation 30 1 Omit paragraph 11 (deferral of compensation). 2 In Part 4 after the Part heading insert— Postponement of compensation 16A 1 Regulations may prescribe circumstances in which, and conditions subject to which, a person who becomes entitled to periodic compensation under paragraph 4 or 6 may elect to postpone the commencement of periodic compensation under that paragraph. 2 Where the commencement of periodic compensation under paragraph 4 or 6 ceases to be postponed, the Board must determine— a the relevant amount, as at the time the periodic compensation would have commenced if its commencement had not been postponed, and b the amount in paragraph (a), increased in accordance with actuarial factors published by the Board. 3 References in this Schedule to the amount of an actuarial increase under this paragraph are to the difference between the amounts in sub-paragraphs (2)(a) and (2)(b). 4 In sub-paragraph (2) the “relevant amount” means (as appropriate)— a the amount mentioned in paragraph 4(3)(a), or b the aggregate of the amounts mentioned in paragraph 6(3)(a) and (b).
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<dc:title>Pensions Act 2011</dc:title>
<dc:subject>Pensions</dc:subject>
<dc:subject>Occupational pensions</dc:subject>
<dc:subject>State pensions</dc:subject>
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<Title>Pension compensation sharing: postponement of compensation</Title>
<P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2011/19/schedule/4/paragraph/30/enacted" IdURI="http://www.legislation.gov.uk/id/ukpga/2011/19/schedule/4/paragraph/30" id="schedule-4-paragraph-30">
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<Text>Omit paragraph 11 (deferral of compensation).</Text>
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<Text>Regulations may prescribe circumstances in which, and conditions subject to which, a person who becomes entitled to periodic compensation under paragraph 4 or 6 may elect to postpone the commencement of periodic compensation under that paragraph.</Text>
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<Pnumber>2</Pnumber>
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<Text>Where the commencement of periodic compensation under paragraph 4 or 6 ceases to be postponed, the Board must determine—</Text>
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the amount in paragraph
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References in this Schedule to the amount of an actuarial increase under this paragraph are to the difference between the amounts in sub-paragraphs
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<InternalLink Ref="p00137">(2)(b)</InternalLink>
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In sub-paragraph
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