# Pension Schemes Act 2026, Section 57: Interpretation of Chapter

Extent: E+W+S
Status: prospective

In this Chapter—
“default pension benefit solution” has the meaning given by section 50(3);
“eligible member” has the meaning given by section 50(7);
“money purchase benefits” has the same meaning as in the Pension Schemes Act 1993 (see section 181 of that Act);
“occupational pension scheme” has the same meaning as in the Pension Schemes Act 1993 (see section 1(1) of that Act);
“pension benefit solution” has the meaning given by section 50(2);
“pension scheme” has the meaning given by section 1(5) of the Pension Schemes Act 1993;
“personal pension scheme” has the same meaning as in the Pension Schemes Act 1993 (see section 1(1) of that Act);
“prescribed” means prescribed by regulations;
“principal scheme” is to be interpreted in accordance with section 51(1);
“qualifying pension benefit solution” has the meaning given by section 51(9);
“registered pension scheme” has the meaning given in Part 4 of the Finance Act 2004;
“regulations” means regulations made by the Secretary of State under this Chapter;
“relevant scheme” has the meaning given by section 50(7);
“transferable member” is to be interpreted in accordance with section 51(1);
“trustees or managers”, in relation to a pension scheme, means—
(a) where the scheme is established under a trust, the trustees of the scheme;
(b) in any other case, the managers of the scheme.

---
Source: https://www.legislation.gov.uk/ukpga/2026/22/section/57 (the official version)
Page: https://openlegislation.uk/pension-schemes-act-2026/section-57
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

