The Equality Act (Age Exceptions for Pension Schemes) Order 2010 No. 2133

SCHEDULE 1 Occupational Pension Schemes: Excepted Rules, Practices, Actions and Decisions

The use of age criteria in actuarial calculations

2.  The use of age criteria in actuarial calculations in a scheme, for example in the actuarial calculation of—

(a) any age related benefit commencing before any early retirement pivot age or enhancement of such benefit commencing after any late retirement pivot age;

(b) member or employer contributions by or in respect of a member to a scheme; or

(c) any age related benefit commuted in exchange for the payment of any lump sum.