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Pension Schemes (Northern Ireland) Act 1993

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Changes over time for: Cross Heading: The cash balance method

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Version Superseded: 01/08/2022

Status:

Point in time view as at 01/09/2021.

Changes to legislation:

Pension Schemes (Northern Ireland) Act 1993, Cross Heading: The cash balance method is up to date with all changes known to be in force on or before 27 February 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. Help about Changes to Legislation

[F1The cash balance methodN.I.

3AN.I.The cash balance method of revaluing a [F2cash balance benefit] [F2benefit] is to revalue the available sum in respect of the benefit in any way in which it would have been revalued if the member’s pensionable service had not terminated.]

Textual Amendments

F2Word in Sch. 2 para. 3A substituted (11.2.2021 for specified purposes, 1.8.2022 in so far as not already in force) by Pension Schemes Act 2021 (c. 1), s. 131(1)(3)(a), Sch. 6 para. 5; S.R. 2022/197, art. 3(a)

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