{
  "url": "https://openlegislation.uk/pension-schemes-act-2021/schedule-11/paragraph-3",
  "json_url": "https://openlegislation.uk/pension-schemes-act-2021/schedule-11/paragraph-3.json",
  "legislation": "ukpga/2021/1",
  "legislation_title": "Pension Schemes Act 2021",
  "legislation_url": "https://openlegislation.uk/pension-schemes-act-2021",
  "path": "schedule/11/paragraph/3",
  "kind": "paragraph",
  "number": "3",
  "heading": null,
  "text": "(1) Article 201 (the statutory funding objective) is amended as follows.\n(2) After paragraph (2) insert—\n“(2A) The scheme's technical provisions shall be calculated in a way that is consistent with the scheme's funding and investment strategy, as set out in the scheme's statement of strategy.”\n(3) In paragraph (3)(b), after “in a prescribed manner and” insert “ , subject to paragraph (2A), ”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 11 para. 3 in force at Royal Assent for specified purposes, see s. 131(3)(c)"
    },
    {
      "type": "I",
      "label": "I2",
      "text": "Sch. 11 para. 3 in force at 6.4.2024 in so far as not already in force by S.R. 2024/89, art. 2(b) (with art. 3)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2021/1/schedule/11/paragraph/3",
    "retrieved_at": "2026-10-29T08:59:16.686205+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."
}