Part V Annual Increases of Pensions in Payment
Chapter I Pensions under Final Salary Schemes etc.
F1I1102 Scope of Chapter I: annual increase of certain occupational pensions.
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F1I1103 Annual increase of later service component.
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F1I1104 Annual increase of earlier service component where scheme is in surplus.
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F1I1105 Proportional increase where first period is less than 12 months.
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F1I1106 Restriction on increase where member is under 55.
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F1I1107 Application of Chapter I to pensions not attributable to pensionable service.
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I1108 No payments to employers from non-complying schemes.
F11
No payment shall be made out of the resources of a qualifying scheme which is constituted by trust deed to or for a person who is or has been the employer of persons in the description or category of employment to which the scheme relates until such time as provision has been made by the scheme for every pension which commences or has commenced under it to be increased as mentioned in section 102(2)(b).
2
Nothing in subsection (1) applies in relation to payments made to or for a person by virtue of his or any other person’s membership of the scheme in question.