Pensions Act 2011

Part 1State pension

1Equalisation of and increase in pensionable age for men and women

2Abolition of certain additions to the state pension

3Consolidation of additional pension

Part 2Automatic enrolment

4Automatic re-enrolment where scheme membership interrupted

5Earnings trigger for automatic enrolment and re-enrolment

6Postponement or disapplication of automatic enrolment

7Timing of automatic re-enrolment

8Review of earnings trigger and qualifying earnings band

9Rounded figures for earnings trigger and qualifying earnings band

10Qualifying schemes: administration charges

11Test scheme standard for schemes that produce sum of money for provision of benefits

12Certification that alternative to quality requirement is satisfied

13Certification for non-UK schemes

14Transitional period for defined benefits and hybrid schemes to be optional

15Arrangements where transitional conditions cease to be satisfied

16Power of managers to modify by resolution

17No indemnification for civil penalties

18Power to exempt certain cross-border employment from enrolment duty

Part 3Occupational pension schemes

Indexation and revaluation

19Indexation and revaluation

20Pension compensation: annual increases in periodic compensation

21Indexation requirements for cash balance benefits

Pension Protection Fund

22Pension Protection Fund

Financial assistance scheme

23Financial assistance scheme: amount of payments

24Financial assistance scheme: transfer of assets

Miscellaneous

25Payment of surplus to employer: transitional power to amend scheme

26Contribution notices and financial support directions

27Technical amendment to Schedule 4 to the Pensions Act 2007

28Technical amendment to section 42(6) of the Pension Schemes Act 1993

Part 4Money purchase benefits

29Definition of money purchase benefits

31Consequential and supplementary

32Power to make further provision

Part 5Judicial pensions

34Contributions towards cost of judicial pensions etc

Part 6Miscellaneous and general

Miscellaneous

35Grants by the Secretary of State to advisory bodies etc

36Service of documents and electronic working

SCHEDULE 1Equalisation of and increase in pensionable age for men and women: consequential amendments

Gas Act 1986 (c. 44)

1In section 48 of the Gas Act 1986 (interpretation of...

Social Security Administration Act 1992 (c. 5)

2The Social Security Administration Act 1992 is amended as follows....

3In section 2A (claim or full entitlement to certain benefits...

4In section 2AA (full entitlement to certain benefits conditional on...

5In section 2D (work-related activity) in subsection (9)(e) for “6...

Pensions Act 1995 (c. 26)

6In section 126 of the Pensions Act 1995 (equalisation of...

Consumers, Estate Agents and Redress Act 2007 (c. 17)

7In section 6 of the Consumers, Estate Agents and Redress...

Pensions Act 2007 (c. 22)

8The Pensions Act 2007 is amended as follows.

9In section 13 (increase in pensionable age for men and...

10In Schedule 3 (increase in pensionable age for men and...

SCHEDULE 2Abolition of certain additions to the state pension: consequential amendments etc

Social Security Contributions and Benefits Act 1992 (c. 4)

1The Social Security Contributions and Benefits Act 1992 is amended...

2In section 55 (pension increase or lump sum where entitlement...

3(1) Schedule 5 (pension increase or lump sum where entitlement...

Repeals of spent enactments

4The following provisions are repealed— (a) paragraph 40 of Schedule...

SCHEDULE 3Consolidation of additional pension

Social Security Contributions and Benefits Act 1992 (c. 4)

1The Social Security Contributions and Benefits Act 1992 is amended...

2(1) Section 45 (the additional pension in a Category A...

3In section 46 (modifications of section 45 for calculating the...

4In section 122(1) (interpretation of Parts 1 to 6) insert...

5(1) Section 176 (Parliamentary control) is amended as follows.

6(1) Schedule 4B (additional pension: accrual rates for purposes of...

7(1) Schedule 4C (additional pension: calculation of revalued consolidated amount)...

Social Security Administration Act 1992 (c. 5)

8(1) Section 148AB of the Social Security Administration Act 1992...

Pension Schemes Act 1993 (c. 48)

9The Pension Schemes Act 1993 is amended as follows.

10In section 46 (effect of entitlement to guaranteed minimum pensions...

11In section 46A (retirement in tax year after 5th April...

Pensions Act 2008 (c. 30)

12The Pensions Act 2008 is amended as follows.

13In section 102 (consolidation of additional pension) in subsection (7)...

SCHEDULE 4Pension Protection Fund

Requirements to obtain actuarial valuations

1The Pensions Act 2004 is amended as follows.

2In section 58(3) (right to apply under section 423 of...

3(1) Section 141 (effect of review of ill-health pension) is...

4In section 142(1) (interpretation) in the definition of “scheme valuation”...

5(1) Section 143 (Board's obligation to obtain valuation of assets...

6After section 143 insert— Determinations under section 143 (1) Where the Board makes a determination under section 143(2)(a)...

7(1) Section 144 (approval of valuation) is amended as follows....

8In section 145(1) (binding valuations) for “143” substitute “ 143(2)(b)...

9(1) Section 151 (application for Board to assume responsibility for...

10In section 154(5)(b) (requirement to wind up scheme) after “that...

11(1) Section 158 (Board's duty to assume responsibility for closed...

12(1) Section 160 (transfer notice) is amended as follows.

13(1) Schedule 9 (reviewable matters) is amended as follows.

Requirement to obtain protected benefits quotation

14In section 151(4)(a) of the Pensions Act 2004 (application for...

15(1) Section 152 of the Pensions Act 2004 (Board's duty...

16In the following provisions of the Pensions Act 2004 after...

Removal of restriction on transfer notices

17(1) The Pensions Act 2004 is amended as follows.

Parliamentary control of subordinate legislation

18(1) Section 316(2) of the Pensions Act 2004 (subordinate legislation...

Pension credit members

19(1) Schedule 7 to the Pensions Act 2004 (pension compensation...

20In the Pensions Act 2008 omit paragraphs 10 and 11...

Postponement of compensation

21Schedule 7 to the Pensions Act 2004 (pension compensation provisions)...

22For paragraph 25A (deferral of compensation) and the heading before...

23(1) In paragraph 5(3) (periodic compensation for postponed pensioner at...

24(1) In paragraph 6 (periodic compensation for widow or widower...

25In paragraph 24(1) (commutation of periodic compensation) for “becomes payable”...

26(1) In paragraph 25B (eligibility for terminal illness lump sum)—...

27(1) Paragraph 28 (annual increase in periodic compensation) is amended...

28(1) In paragraph 29 (Board's powers to alter rates of...

Pension compensation sharing: postponement of compensation

29Schedule 5 to the Pensions Act 2008 (pension compensation payable...

30(1) Omit paragraph 11 (deferral of compensation).

31(1) In paragraph 4(3) (periodic compensation for transferee over pension...

32(1) In paragraph 5 (periodic compensation for widow etc of...

33In paragraph 9(1) (commutation of periodic compensation) for “becomes payable”...

34(1) In paragraph 12 (eligibility for terminal illness lump sum)—...

35(1) Paragraph 17 (annual increase in periodic compensation) is amended...

36In paragraph 20 (Board's power to alter rates of revaluation...

Calculation of compensation: admissible rules etc

37(1) Schedule 7 to the Pensions Act 2004 (pension compensation...

SCHEDULE 5Contributions towards cost of judicial pensions etc

Part 1Contributions towards cost of judicial pensions

District Judges (Magistrates' Courts) Pensions Act (Northern Ireland) 1960 (c. 2 (N.I.))

1(1) The District Judges (Magistrates' Courts) Pensions Act (Northern Ireland)...

Judicial Pensions Act 1981 (c. 20)

2(1) The Judicial Pensions Act 1981 is amended as follows....

Constitutional Reform Act 2005 (c. 4)

3(1) Paragraph 4 of Schedule 7 to the Constitutional Reform...

Part 2Minor amendments relating to judicial pensions

Sheriffs' Pensions (Scotland) Act 1961 (c. 42)

4In section 9A of the Sheriffs' Pensions (Scotland) Act 1961...

Judicial Pensions Act 1981 (c. 20)

5In section 32A of the Judicial Pensions Act 1981 (appeals)...

Royal arms

Pensions Act 2011

2011 CHAPTER 19

An Act to make provision relating to pensions; and for connected purposes.

[3rd November 2011]

Be it enacted by the Queen's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:—