# Pensions Act 2008, Paragraph 2


In this Schedule—
“the initial annual rate of compensation” is the amount determined by the Board under section 116(4);
“the pension compensation age” of the transferee is the age determined in accordance with paragraph 3.

---
Source: https://www.legislation.gov.uk/ukpga/2008/30/schedule/5/paragraph/2 (the official version)
Page: https://openlegislation.uk/pensions-act-2008/schedule-5/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.