SCHEDULES
SCHEDULE 1Money purchase benefits
Pensions Act 2008 (c. 30)
I15
The Pensions Act 2008 is amended as follows.
I26
1
Section 99 (interpretation of Part 1: pension scheme membership for jobholders) is amended as follows.
2
At the appropriate place insert—
“collective money purchase benefit” has the meaning given by section 1 of the Pension Schemes Act 2021;
3
In the definition of “money purchase benefits”—
a
for “means benefits” substitute
means—
a
benefits
b
at the end insert
, and
b
collective money purchase benefits;
I37
In section 99A(1)
(money purchase benefits: supplementary), for “the definition” substitute “
paragraph (a) of the definition
”
.