Part IV Protection for Early Leavers

Chapter II Revaluation of Accrued Benefits (Excluding Guaranteed Minimum Pensions)

82 Supplementary provisions.

1

In making any calculation for the purposes of this Chapter in relation to any occupational pension scheme—

a

any commutation, forfeiture or surrender of,

b

any charge or lien on, and

c

any set-off against,

the whole or part of a pension shall be disregarded.

2

The same money may not be treated as providing both the increase in benefit required by this Chapter and the benefit required by Chapter III.