Paragraph 16 F1
Where benefit is payable to the person—
the amount of benefit that is payable,
the period for which that amount applies,
except where information under this paragraph is provided to the person for the first time—
any adjustment to the amount of benefit payable from the previous year, both in monetary terms and as a percentage increase or decrease,
an explanation of why the amount of benefit payable has been adjusted or, as the case may be, remained the same, and
an explanation of when an adjustment in the amount of benefit payable may next occur.
Annotations
Textual amendments
Notes on Schedule 7
Textual amendments
- F1
Words in Sch. 7 heading 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(17)(a)
- F2
Word in Sch. 7 substituted (6.4.2015) by The Occupational and Personal Pension Schemes (Disclosure of Information) (Amendment) Regulations 2015 (S.I. 2015/482), regs. 1, 13(2)