266Inalienability of occupational pensionE+W+S
This section has no associated Explanatory Notes
(1)Section 91 of the Pensions Act 1995 (c. 26) (inalienability of occupational pension) is amended as follows.
(2)In subsection (5) (exceptions to the rule of inalienability) at the end insert—
“(f)subject to subsection (6), a charge or lien on, or set-off against, the person in question’s entitlement, or right, for the purpose of discharging some monetary obligation due from the person in question to the scheme arising out of a payment made in error in respect of the pension.”
(3)In subsection (6) (limits on the charge, lien or set-off under subsection (5)(d) or (e)) for “or (e)” substitute “ , (e) or (f) ”.
Commencement Information
I1S. 266 in force at 6.4.2005 by S.I. 2005/275, art. 2(7), Sch. Pt. 7