Section 237 Hybrid arrangementsC3I1C1C2

The pension input amount in respect of a hybrid arrangement is the greater or greatest of such of input amounts A, F1AA, B and C as are relevant input amounts.

An input amount is a relevant input amount in the case of a hybrid arrangement if, in any circumstances, the benefits that may be provided to or in respect of the individual under the arrangement may be benefits of the variety mentioned in the definition of that input amount.

Input amount A is what would be the pension input amount under sections 230 to 232 if the benefits provided to or in respect of the individual under the arrangement were cash balance benefits.

F2Input amount AA is what would be the pension input amount under section 233 if the benefits provided to or in respect of the individual under the arrangement were collective money purchase benefits.

Input amount B is what would be the pension input amount under section 233 if the benefits provided to or in respect of the individual under the arrangement were F3money purchase benefits that are not cash balance benefits or collective money purchase benefits.

Input amount C is what would be the pension input amount under sections 234 to F4236A if the benefits provided to or in respect of the individual under the arrangement were defined benefits.