# Pension Schemes Act 1993, Section 94: Right to cash equivalent.

Extent: E+W+S

(1) A member of a pension scheme who has received a statement of entitlement under section 93A acquires a right to take the cash equivalent shown in that statement in accordance with this Chapter.
(2) A member of a pension scheme who has transferrable rights in relation to money purchase benefits acquires a right to take their cash equivalent in accordance with this Chapter.

---
Source: https://www.legislation.gov.uk/ukpga/1993/48/section/94 (the official version)
Page: https://openlegislation.uk/pension-schemes-act-1993/section-94
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.