{
  "url": "https://openlegislation.uk/occupational-and-personal-pension-schemes-disclosure-of-information-regulations-2013/schedule-2/paragraph-18B",
  "json_url": "https://openlegislation.uk/occupational-and-personal-pension-schemes-disclosure-of-information-regulations-2013/schedule-2/paragraph-18B.json",
  "legislation": "uksi/2013/2734",
  "legislation_title": "The Occupational and Personal Pension Schemes (Disclosure of Information) Regulations 2013",
  "legislation_url": "https://openlegislation.uk/occupational-and-personal-pension-schemes-disclosure-of-information-regulations-2013",
  "path": "schedule/2/paragraph/18B",
  "kind": "paragraph",
  "number": "18B",
  "heading": null,
  "text": "In respect of a collective money purchase scheme, a summary of the rules governing how the rate or amount of benefits provided under the scheme is to be adjusted from time to time, including—\n(a) that annual benefit calculations and any adjustments of the rate or amount of benefits are applied to all the members of the scheme without variation,\n(b) where relevant, an explanation of how any multi-annual reduction permitted under the scheme rules operates and the effect it may have on the rate or amount of benefits provided under the scheme, and\n(c) the arrangements in place for making any adjustments to the rate or amount of benefits provided to pensioner members.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Sch. 2 paras. 18A, 18B inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) (Modifications and Consequential and Miscellaneous Amendments) Regulations 2022 (S.I. 2022/337), regs. 1(3), 13(14)(c)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2013/2734/schedule/2/paragraph/18B",
    "retrieved_at": "2026-10-29T00:36:44.961024+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}