{
  "url": "https://openlegislation.uk/pensions-dashboards-no-2-regulations-northern-ireland-2023/schedule-2/paragraph-4",
  "json_url": "https://openlegislation.uk/pensions-dashboards-no-2-regulations-northern-ireland-2023/schedule-2/paragraph-4.json",
  "legislation": "nisr/2023/209",
  "legislation_title": "The Pensions Dashboards (No. 2) Regulations (Northern Ireland) 2023",
  "legislation_url": "https://openlegislation.uk/pensions-dashboards-no-2-regulations-northern-ireland-2023",
  "path": "schedule/2/paragraph/4",
  "kind": "paragraph",
  "number": "4",
  "heading": null,
  "text": "For members with collective money purchase benefits, trustees or managers of the pension scheme must provide the following value data—\n(a) for active members—\n(i) an annualised accrued value, calculated as if the individual has reached their retirement date on the illustration date and valued to the illustration date;\n(ii) an annualised projected value based on the scheme’s rules and calculated as if the individual has reached their retirement date on the illustration date, as if future contributions continue, and without regard to future increases in earnings;\n(b) for deferred members, an annualised projected value based on the scheme’s rules and valued to the illustration date.",
  "extent": "N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 2 para. 4 in operation at 8.12.2023, see reg. 1"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nisr/2023/209/schedule/2/paragraph/4",
    "retrieved_at": "2026-10-29T00:30:07.395604+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."
}