PART VIOCCUPATIONAL AND PERSONAL PENSION SCHEMES: MISCELLANEOUS PROVISIONS

Safeguarding pension rights

Inalienability of occupational pension243

1

Article 89 of the 1995 Order (inalienability of occupational pension) is amended as follows.

2

In paragraph (5) (exceptions to the rule of inalienability) at the end add—

f

subject to paragraph (6), a charge or lien on, or set-off against, the person in question's entitlement, or right, for the purpose of discharging some monetary obligation due from the person in question to the scheme arising out of a payment made in error in respect of the pension.

3

In paragraph (6) (limits on the charge, lien or set-off under paragraph (5)(d) or (e)) for “or (e)” substitute “ , (e) or (f) ”.