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The Pensions (Abolition of Lifetime Allowance Charge etc) (No. 2) Regulations 2024

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Pensions Act 2008

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11.  In Schedule 5 to the Pensions Act 2008 (pension compensation payable on discharge of pension compensation credit), in paragraph 12 (terminal illness lump sum: eligibility)(1)—

(a)in sub-paragraph (1) omit paragraph (d);

(b)in sub-paragraph (4) omit the definition of “lifetime allowance”.

(1)

2008 c. 30. Paragraph 12 of Schedule 5 was amended by paragraph 34 of Schedule 4 to the Pensions Act 2011 (c. 19).

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