Regulation 2 Past service scheme: amount of full basic pension

In Part 1 of Schedule 2 to the Church of England Pensions Measure 2018 (past service scheme: pensions and lump sum payments at retirement), in paragraph 2, for sub-paragraph (6) substitute—

“(6)

“Full basic pension” means—

(a)

if payment of the pension begins on or after 1st April 2026, the national minimum stipend for the year in which payment begins, or

(b)

if payment of the pension began before that date, the national minimum stipend for the year preceding that in which payment began.”.