Version Superseded: 06/04/2017
Point in time view as at 01/01/2006. This version of this provision has been superseded.
The Pensions (Northern Ireland) Order 2005, Section 146 is up to date with all changes known to be in force on or before 09 March 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.
146.—(1 )F1 F2Schedule 6 makes provision for compensation to be paid in relation to a scheme for which the Board assumes responsibility in accordance with this Chapter, including provision for—
(a )F2periodic compensation to be paid to or in respect of members,
(b )F2lump sum compensation to be paid to members,
(c )F2a cap to be imposed on the periodic compensation and lump sum compensation payable, and
(d )F2annual increases to be made to periodic compensation.
(2) In this Part references to the pension compensation provisions are to the provisions of, and the provisions made by virtue of, this Article, Articles 124 to 126, 145(2)(c), 148 and 152 and Schedule 6.
(Those references do not include any provision of, or made by virtue of, Article 154 (discharge of liabilities in respect of money purchase benefits)).
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