OpenLegislation

Chapter I Pensions under Final Salary Schemes etc.

England, Wales and Scotland

  1. 102Scope of Chapter I: annual increase of certain occupational pensions.
  2. 103Annual increase of later service component.
  3. 104Annual increase of earlier service component where scheme is in surplus.
  4. 105Proportional increase where first period is less than 12 months.
  5. 106Restriction on increase where member is under 55.
  6. 107Application of Chapter I to pensions not attributable to pensionable service.
  7. 108No payments to employers from non-complying schemes.