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Pension Schemes Act 2015
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63(1)Section 97H (salary related schemes: statements of entitlement) is amended as follows.E+W+S
(2)For subsection (1) substitute—
“(1)The trustees or managers of a qualifying scheme must, on the application of an eligible member, provide the member with a written statement of the amount of the cash equivalent of the member's pension credit rights in relation to categories of benefits other than money purchase benefits.
(1A)In the case of a member with pension credit rights in relation to two categories of benefits other than money purchase benefits, the application may relate to pension credit rights in relation to either or both of those categories.”
(3)In the heading for “Salary related schemes” substitute “ Benefits other than money purchase ”.
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