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Pensions Act 2004

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Pensions Act 2004, Section 281 is up to date with all changes known to be in force on or before 28 February 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

281Exemption from statutory revaluation requirementE+W+S

This section has no associated Explanatory Notes

(1)Section 84 of the Pension Schemes Act 1993 (c. 48) (basis of revaluation) is amended as follows.

(2)In subsection (5), after paragraph (a) insert or

(b)under any arrangement which maintains the value of the pension or other benefit by reference to the rise in the retail prices index during that period,.

(3)After that subsection add—

(6)In subsection (5)(b), “retail prices index” means—

(a)the general index of retail prices (for all items) published by the Office for National Statistics, or

(b)where that index is not published for a month, any substituted index or figures published by that Office.

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