SCHEDULES

SCHEDULE 2 N.I. Methods of Revaluing Accrued Pension Benefits

[F1 The cash balance method N.I.

Textual Amendments

F1 Sch. 2 para. 3A inserted (24.7.2014) by The Pensions (2012 Act) (Consequential and Supplementary Provisions) Regulations (Northern Ireland) 2014 (S.R. 2014/213), regs. 1, 2(3)

3A N.I.The cash balance method of revaluing a cash balance benefit 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.]