{
  "url": "https://openlegislation.uk/pension-schemes-act-2021/section-1",
  "json_url": "https://openlegislation.uk/pension-schemes-act-2021/section-1.json",
  "legislation": "ukpga/2021/1",
  "legislation_title": "Pension Schemes Act 2021",
  "legislation_url": "https://openlegislation.uk/pension-schemes-act-2021",
  "path": "section/1",
  "kind": "section",
  "number": "1",
  "heading": "Collective money purchase benefits and schemes",
  "text": "(1) For the purposes of this Part, a benefit provided under a pension scheme is a “collective money purchase benefit” if—\n(a) the benefit is a qualifying benefit (see section 2), and\n(b) the scheme is a qualifying scheme (see sections 3 and 4).\n(2) In this Part “collective money purchase scheme” means—\n(a) a qualifying scheme, or\n(b) a section of a qualifying scheme (see sections 3(6) to (9) and 5),\nunder which all of the benefits that may be provided are qualifying benefits.\n(3) In this Part—\n“single or connected employer scheme” means a collective money purchase scheme not used, or intended to be used, by any employers other than—\n(a)a single employer, or\n(b)two or more employers that are connected with each other;\n“unconnected multiple employer scheme” means a collective money purchase scheme used, or intended to be used, by two or more employers, some or all of which are not connected with each other.",
  "extent": "E+W+S",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "S. 1(3) inserted (31.7.2026) by The Occupational Pension Schemes (Collective Money Purchase Schemes) (Extension to Unconnected Multiple Employer Schemes and Miscellaneous Provisions) Regulations 2025 (S.I. 2025/1313), regs. 1(3), 3(1)"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "S. 1 in force at Royal Assent for specified purposes, see s. 131(3)(a)"
    },
    {
      "type": "I",
      "label": "I2",
      "text": "S. 1 in force at 1.8.2022 in so far as not already in force by S.I. 2022/721, reg. 3(a)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2021/1/section/1",
    "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."
}