Paragraph 21 I1

In section 79 (scope of Chapter 2: revaluation of accrued benefits), after subsection (1A) insert—

“(1B)

The reference in subsection (1)(a)(iii) to normal pension age is to be read, in relation to a person who is an active or deferred member of a scheme under section 1 or section 32(7) of the Public Service Pensions Act (Northern Ireland) 2014, as—

(a)

the member's normal pension age within the meaning of that Act, or

(b)

the member's deferred pension age within the meaning of that Act, if that is later.

In this subsection “active member” and “deferred member”, in relation to such a scheme, have the meanings given by Article 121(1) of the Pensions (Northern Ireland) Order 1995.”.