There are currently no known outstanding effects for the Pension Schemes Act 2021, Paragraph 3.
3(1)Article 201 (the statutory funding objective) is amended as follows.N.I.
(2)After paragraph (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 paragraph (3)(b), after “in a prescribed manner and” insert “ , subject to paragraph (2A), ”.
Commencement Information
I1Sch. 11 para. 3 in force at Royal Assent for specified purposes, see s. 131(3)(c)
I2Sch. 11 para. 3 in force at 6.4.2024 in so far as not already in force by S.R. 2024/89, art. 2(b) (with art. 3)
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