This section has no associated Explanatory Memorandum
21. A summary of what can be done with a member’s accrued rights where the member leaves pensionable service before normal pension age, including whether the accrued rights can be transferred out of the scheme, converted into an annuity[F1, designated as available for the payment of drawdown pension] and commuted to a lump sum.N.I.
Textual Amendments
F1Words in Sch. 2 para. 21 inserted (6.4.2015) by The Occupational and Personal Pension Schemes (Disclosure of Information) (Amendment) Regulations (Northern Ireland) 2015 (S.R. 2015/154), regs. 1(1), 10(2)
Commencement Information
I1Sch. 2 para. 21 in operation at 6.4.2014, see reg. 1(1)