# The Occupational and Personal Pension Schemes (Automatic Enrolment) Regulations 2010, Regulation 37: Test scheme: requirements to revalue accrued benefits and increase pensions in payment

Extent: E+W+S

(1) Paragraph (2) applies for the purposes of section 23(1)(c) (test scheme) of the Act.
(2) The following must be satisfied in relation to a test scheme—
(a) the requirements of section 84 (basis of revaluation) of the 1993 Act; and
(b) the requirements of section 51 (annual increase in rate of pension) of the 1995 Act in relation to a scheme which provides for a member to be entitled to a pension commencing at the appropriate age and continuing for life.
(3) For the purposes of paragraph (2)(a)—
(a) a test scheme which falls within section 23(2)(a) of the Act and a test scheme which falls within regulation 39A(2) must satisfy the requirements of section 84 of the 1993 Act by reference to the final salary method; and
(b) a test scheme to which regulation 39A(3) applies must satisfy the requirements of section 84 of the 1993 Act by reference to the average salary method or the final salary method.

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Source: https://www.legislation.gov.uk/uksi/2010/772/regulation/37 (the official version)
Page: https://openlegislation.uk/occupational-and-personal-pension-schemes-automatic-enrolment-regulations-2010/regulation-37
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.