Calculation of compensation on and after 1st January 2024 Calculation of compensation on and after 1st January 2024F1

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Sch. 6 para. 21(1) words substituted by Pensions (No. 2) Act (Northern Ireland) 2008 Sch. 6 para. 10
Sch. 6 para. 21(2)(c)-(cc) substituted for (b)(c) by Pensions (No. 2) Act (Northern Ireland) 2008 Sch. 6 para. 11
Sch. 6 para. 25(3) words inserted by Pensions (No. 2) Act (Northern Ireland) 2008 Sch. 6 para. 12
Sch. 6 para. 28(2)-(2I) substituted for Sch. 6 para. 28(2) by Pension Schemes Act 2026 s. 110(2)(a)
Sch. 6 para. 28(3) words substituted by Pension Schemes Act 2026 s. 110(2)(b)(i)
Sch. 6 para. 28(3) words substituted by Pension Schemes Act 2026 s. 110(2)(b)(ii)
Sch. 6 para. 28(5)(a) words substituted by Pension Schemes Act 2026 s. 110(2)(c)(i)
Sch. 6 para. 28(5)(c) words substituted by Pension Schemes Act 2026 s. 110(2)(c)(ii)
Sch. 6 para. 28(6) words inserted by Pension Schemes Act 2026 s. 110(2)(d)
Sch. 6 para. 28(7) words substituted by Pension Schemes Act 2026 s. 110(2)(e)
Sch. 6 para. 29(2) substituted by Pension Schemes Act 2026 s. 110(3)

Annotations

F1: Sch. 6 para. 22A and cross-heading inserted (31.12.2023) by The Pensions (Pension Protection Fund Compensation) (Northern Ireland) Regulations 2023 (S.I. 2023/1312), regs. 1(2), 3(13)

C1: Sch. 6 modified (1.8.2006) by Pension Protection Fund (Pension Sharing) Regulations (Northern Ireland) 2006 (S.R. 2006/282), reg. 3(2)
C2: Sch. 6 modified by S.R. 2005/149, reg. 13A (as inserted (1.4.2009) by Pension Protection Fund (Miscellaneous Amendments) Regulations (Northern Ireland) 2009 (S.R. 2009/78), reg. 4)
C3: Sch. 6 modified by S.R. 2005/149, reg. 024(02) (as added (6.4.2010) by The Pension Protection Fund (Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/80), regs. 1(b), 4(4))
C4: Sch. 6 modified by S.R. 2005/149, reg. 23(2) (as substituted (24.7.2014) by The Pensions (2012 Act) (Transitional, Consequential and Supplementary Provisions) Regulations (Northern Ireland) 2014 (S.R. 2014/204), regs. 1(1), 59(4)(c))
C5: Sch. 6 modified by S.R. 2005/149 reg. 27(2) (as added (24.2.2018) by The Pension Protection Fund (Compensation) (Amendment) Regulations (Northern Ireland) 2018 (S.R. 2018/26), regs. 1, 2(6))
C6: Sch. 6 modified by S.R. 2005/149 reg. 28(1) (as added (2.10.2018) by The Pension Protection Fund (Pensionable Service) and Occupational Pension Schemes (Investment and Disclosure) (Amendment and Modification) Regulations (Northern Ireland) 2018 (S.R. 2018/165), regs. 1(2), 2(3))