# Pension Schemes Act 2026, Section 122: Terminal illness

Extent: E+W+S

In the following provisions (which relate to the life expectancy required for a person to be regarded as “terminally ill” for purposes relating to compensation or assistance from the Pension Protection Fund or Financial Assistance Scheme), for “6 months” or “six months” substitute “12 months”—
(a) in the Pensions Act 2004, in Schedule 7, paragraph 25B(3);
(b) in the Pensions (Northern Ireland) Order 2005 (S.I. 2005/255 (N.I. 1)), in Schedule 6, paragraph 25B(3);
(c) in the Pensions Act 2008, in Schedule 5, paragraph 12(3);
(d) in the Pensions (No. 2) Act (Northern Ireland) 2008 (c.13 (N.I.)), in Schedule 4, paragraph 12(3);
(e) in the Financial Assistance Scheme Regulations 2005 (S.I. 2005/1986), regulations 2(9) and 17(3D)(b)(i).

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Source: https://www.legislation.gov.uk/ukpga/2026/22/section/122 (the official version)
Page: https://openlegislation.uk/pension-schemes-act-2026/section-122
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.