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Pensions Act 2011
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- UK Public General Acts
- 2011 c. 19
- SCHEDULE 4
- Paragraph 31
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Pension compensation sharing: postponement of compensation
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31(1)In paragraph 4(3) (periodic compensation for transferee over pension compensation age on transfer day)—
(a)omit “and” at the end of paragraph (a), and
(b)after that paragraph insert—
“(aa)if the commencement of periodic compensation under this paragraph has been postponed for any period by virtue of paragraph 16A, the amount of the actuarial increase under that paragraph, and”.
(2)In paragraph 4(4) (provisions to which paragraph 4 is subject) after “subject to” insert “paragraph 16A (postponement of compensation) and”.
(3)In paragraph 6(3) (periodic compensation for transferee under pension compensation age on transfer day)—
(a)omit “and” at the end of paragraph (b), and
(b)after that paragraph insert—
“(ba)if the commencement of periodic compensation under this paragraph has been postponed for any period by virtue of paragraph 16A, the amount of the actuarial increase under that paragraph, and”.
(4)In paragraph 6(4) (provisions to which paragraph 6 is subject)—
(a)omit the entry for paragraph 11,
(b)omit “and” at the end of the entry for paragraph 15, and
(c)after that entry insert—
“paragraph 16A (postponement of compensation), and”.
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