Pension Schemes (Northern Ireland) Act 1993 (c. 49)

Part IV Protection for Early Leavers

Chapter II Revaluation of Accrued Benefits (Excluding Guaranteed Minimum Pensions)

82 Supplementary provisions

(1) In making any calculation for the purposes of this Chapter in relation to any occupational pension scheme—

(a) any commutation, forfeiture or surrender of,

(b) any charge or lien on, and

(c) any set-off against,

the whole or part of a pension shall be disregarded.

(2) The same money may not be treated as providing both the increase in benefit required by this Chapter and the benefit required by Chapter III.