PART 3 Income Tax

CHAPTER 3 Miscellaneous provisions

22 Calculation of pension input amount where there is an adjustment to benefit entitlement after the Accrued Rights Transfer
1 Paragraph (2) applies where—
(a) the Accrued Rights Transfer has resulted in the transfer from the RMPP to the new public scheme of Accrued Rights; and
(b) as a result of the Transfer there is an adjustment to reduce the entitlement of an individual to benefits under the new public scheme and a corresponding adjustment to increase the entitlement of that individual to benefits under the RMPP.
2 The adjustment and corresponding adjustment referred to in subsection (1)(b) are to be disregarded when arriving at the pension input amount for the RMPP and the new public scheme under sections 234 to 236A (pension input amount: defined benefits arrangements).
Sections 234 to 236 were amended by paragraphs 1 and 10 to 12, and section 236A was inserted by paragraphs 1 and 13, of Schedule 17 to the Finance Act 2011.