Meaning of “working life” in Pension Schemes Act
This section has no associated Explanatory Memorandum
259. In section 176 of the Pension Schemes Act (general interpretation), in subsection (1) for the definition of “working life” substitute—
““working life”, in relation to a person, means the period beginning with the tax year in which the person attains the age of 16 and ending with—
(a)
the tax year before the one in which the person attains the age of 65 in the case of a man or 60 in the case of a woman, or
(b)
if earlier, the tax year before the one in which the person dies.”.