OpenLegislation

Pensions Act 2014

2014 c. 19 · Enacted 14 May 2014 · Extends to United Kingdom

Not fully up to date. 4 changes made by later legislation have not yet been written into this text, which is revised to 29 April 2026.

See the changes not yet applied
ProvisionChangeMade by
s. 36(2)(3)omittedPension Schemes Act 2015 s. 39(6)
Sch. 17 para. 1(2)(a)words substitutedPension Schemes Act 2015 Sch. 2 para. 51(2)
Sch. 17 para. 1(5)(a)words substitutedPension Schemes Act 2015 Sch. 2 para. 51(2)
Sch. 17 para. 15(1)words omittedPension Schemes Act 2015 Sch. 2 para. 51(3)
An Act to make provision about pensions and about benefits payable to people in connection with bereavement; and for connected purposes.[14th May 2014]

Be it enacted by the Queen's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:—C1C2C3

Annotations to the whole text

Modifications

C1

Act applied (with modifications) (27.11.2016 for specified purposes, 6.4.2017 in so far as not already in force) by The Social Security (Northern Ireland Reciprocal Arrangements) (Amendment) Regulations 2016 (S.I. 2016/1050), reg. 2(2)

C2

Act modified (S.) (coming into force in accordance with art. 1(3) of the amending S.S.I.) by The Social Security (Gibraltar) (Iceland) (Liechtenstein) (Norway) (Further provision in respect of Scotland) Order 2024 (S.S.I. 2024/62), art. 2

C3

Act modified (coming into force in accordance with art. 1(3) of the amending S.I.) by The Social Security (Gibraltar) Order 2024 (S.I. 2024/149), art. 2

Contents

  1. Part 1: State pension
  2. Introduction
  3. 1State pension
  4. State pension at the full or reduced rate
  5. 2Entitlement to state pension at full or reduced rate
  6. 3Full and reduced rates of state pension
  7. State pension at the transitional rate
  8. 4Entitlement to state pension at transitional rate
  9. 5Transitional rate of state pension
  10. 6Recalculation and backdating of transitional rate in special cases
  11. Transitional entitlement based on contributions of others
  12. 7Survivor's pension based on inheritance of additional old state pension
  13. 8Choice of lump sum or survivor's pension under section 9 in certain cases
  14. 9Survivor's pension based on inheritance of deferred old state pension
  15. 10Inheritance of graduated retirement benefit
  16. Transition: women who have had a reduced rate election
  17. 11Reduced rate elections: effect on section 4 pensions
  18. 12Reduced rate elections: pension for women with no section 4 pension
  19. Transition: pension sharing on divorce etc
  20. 13Shared state pension on divorce etc
  21. 14Pension sharing: reduction in the sharer's section 4 pension
  22. 15Pension sharing: amendments
  23. Postponing or suspending state pension
  24. 16Pensioner's option to suspend state pension
  25. 17Effect of pensioner postponing or suspending state pension
  26. 18Section 17 supplementary: calculating weeks, overseas residents, etc
  27. Prisoners and overseas residents
  28. 19Prisoners
  29. 20Overseas residents
  30. Definitions
  31. 21“Old state pension”
  32. 22General definitions etc
  33. Consequential and other amendments
  34. 23Amendments
  35. 24Abolition of contracting-out for salary related schemes etc
  36. Part 2: Option to boost old retirement pensions
  37. 25Option to boost old retirement pensions
  38. Part 3: Pensionable age
  39. 26Increase in pensionable age to 67
  40. 27Periodic review of rules about pensionable age
  41. Part 4: State pension credit
  42. 28State pension credit: phasing out assessed income periods
  43. 29Preserving indefinite status of certain existing assessed income periods
  44. Part 5: Bereavement support payment
  45. 30Bereavement support payment
  46. 31Bereavement support payment: contribution condition and amendments
  47. 32Bereavement support payment: prisoners
  48. Part 6: Private pensions
  49. Transfer of pension benefits
  50. 33Automatic transfer of pension benefits etc Repealed
  51. 34Power to prohibit offer of incentives to transfer pension rights Repealed
  52. 35Expiry of power in section 34
  53. 36Short service benefit for scheme member with money purchase benefits
  54. Automatic enrolment
  55. 37Automatic re-enrolment: exceptions where automatic enrolment deferred
  56. 38Automatic enrolment: powers to create general exceptions
  57. 39Alternative quality requirements for UK defined benefits schemes
  58. 40Automatic enrolment: transitional period for hybrid schemes
  59. 41Penalty notices under sections 40 and 41 of the Pensions Act 2008 etc
  60. 42Unpaid scheme contributions
  61. Other
  62. 43Power to restrict charges or impose requirements in relation to schemes
  63. 44Disclosure of information about transaction costs to members etc
  64. 45Power to require pension levies to be paid in respect of past periods
  65. 46Prohibition and suspension orders: directors of corporate trustees
  66. 47Preparation of guidance for pensions illustrations
  67. 48Pensions Regulator's objectives
  68. 49Maximum period between scheme returns to be 5 years for micro schemes
  69. 50Pension Protection Fund: increased compensation cap for long service
  70. 51Pension Protection Fund: compensation cap to apply separately to certain benefits Repealed
  71. 52Public service pension schemes: transitional arrangements
  72. Part 7: Final provisions
  73. 53Power to make consequential amendments etc
  74. 54Regulations and orders
  75. 55Extent
  76. 56Commencement
  77. 57Short title
  78. Schedule 1: Transitional rate of state pension: calculating the amount
  79. Part 1: Introduction
  80. 1Paragraph 1
  81. Part 2: Amount for pre-commencement qualifying years
  82. How to calculate the amount for pre-commencement qualifying years
  83. 2Paragraph 2
  84. Step 1: calculation of the person's pension under the old system
  85. 3Paragraph 3
  86. Step 2: calculation of a pension based on the new system
  87. 4Paragraph 4
  88. 5Paragraph 5
  89. Step 4: revaluation
  90. 6Paragraph 6
  91. Part 3: Amount for post-commencement qualifying years
  92. 7Paragraph 7
  93. Schedule 2: Transitional rate of state pension: up-rating
  94. 1Paragraph 1
  95. 2Paragraph 2
  96. 3Paragraph 3
  97. 4Paragraph 4
  98. Schedule 3: Survivor's pension under section 7: inherited amount
  99. Introduction
  100. 1Paragraph 1
  101. Dead spouse or civil partner in old state pension system etc
  102. 2Paragraph 2
  103. 3Paragraph 3
  104. 4Paragraph 4
  105. Dead spouse or civil partner in new state pension system
  106. 5Paragraph 5
  107. 6Paragraph 6
  108. 7Paragraph 7
  109. 8Paragraph 8
  110. Supplementary
  111. 9Paragraph 9
  112. Schedule 4: Survivor's pension under section 7: up-rating
  113. Introduction
  114. 1Paragraph 1
  115. 2Paragraph 2
  116. 3Paragraph 3
  117. Rate of section 7 pension, when added to any priority pension, is less than the full rate
  118. 4Paragraph 4
  119. Rate of section 7 pension, when added to any priority pension, straddles the full rate
  120. 5Paragraph 5
  121. Priority pension alone is equal to or higher than the full rate
  122. 6Paragraph 6
  123. Schedule 5: Survivor's pension under section 9: inherited deferral amount
  124. Introduction
  125. 1Paragraph 1
  126. Dead spouse or civil partner entitled to old state pension with deferral increase
  127. 2Paragraph 2
  128. Dead spouse or civil partner's entitlement to old state pension deferred at time of death
  129. 3Paragraph 3
  130. “The relevant provisions” of the Contributions and Benefits Act
  131. 4Paragraph 4
  132. Supplementary
  133. 5Paragraph 5
  134. Schedule 6: Reduced rate elections: effect on rate of section 4 pension
  135. Introduction
  136. 1Paragraph 1
  137. Increased transitional rate for woman married to person over pensionable age etc
  138. 2Paragraph 2
  139. Increased transitional rate for widows or divorcees etc
  140. 3Paragraph 3
  141. Recalculation of transitional rate where circumstances change
  142. 4Paragraph 4
  143. 5Paragraph 5
  144. 6Paragraph 6
  145. Schedule 7: Reduced rate elections: basic amount of state pension under section 12
  146. 1Paragraph 1
  147. 2Paragraph 2
  148. 3Paragraph 3
  149. 4Paragraph 4
  150. Schedule 8: Pension sharing: appropriate weekly rate under section 13
  151. Introduction
  152. 1Paragraph 1
  153. Appropriate weekly rate for pensioner with old state scheme pension credit
  154. 2Paragraph 2
  155. Appropriate weekly rate for pensioner with new state scheme pension credit
  156. 3Paragraph 3
  157. Supplementary
  158. 4Paragraph 4
  159. Schedule 9: Pension sharing: up-rating state pension under section 13
  160. Introduction
  161. 1Paragraph 1
  162. 2Paragraph 2
  163. 3Paragraph 3
  164. Rate of section 13 pension, when added to any priority pension, is less than the full rate
  165. 4Paragraph 4
  166. Rate of section 13 pension, when added to any priority pension, straddles the full rate
  167. 5Paragraph 5
  168. Priority pension alone is equal to or higher than the full rate
  169. 6Paragraph 6
  170. Schedule 10: Pension sharing: appropriate weekly reduction under section 14
  171. Introduction
  172. 1Paragraph 1
  173. Appropriate weekly reduction for person subject to old state scheme pension debit
  174. 2Paragraph 2
  175. Appropriate weekly reduction for person subject to new state scheme pension debit
  176. 3Paragraph 3
  177. Supplementary
  178. 4Paragraph 4
  179. Schedule 11: Pension sharing: amendments
  180. Family Law (Scotland) Act 1985 (c. 37)
  181. 1Paragraph 1
  182. Social Security Contributions and Benefits Act 1992 (c. 4)
  183. 2Paragraph 2
  184. 3Paragraph 3
  185. 4Paragraph 4
  186. 5Paragraph 5
  187. 6Paragraph 6
  188. 7Paragraph 7
  189. Social Security Administration Act 1992 (c. 5)
  190. 8Paragraph 8
  191. Welfare Reform and Pensions Act 1999 (c. 30)
  192. 9Paragraph 9
  193. 10Paragraph 10
  194. 11Paragraph 11
  195. 12Paragraph 12
  196. 13Paragraph 13
  197. 14Paragraph 14
  198. State Pension Credit Act 2002 (c. 16)
  199. 15Paragraph 15
  200. Gender Recognition Act 2004 (c. 7)
  201. 16Paragraph 16
  202. Schedule 12: State pension: amendments
  203. Part 1: Amendments to do with new state pension system
  204. Forfeiture Act 1982 (c. 34)
  205. 1Paragraph 1
  206. Social Security Contributions and Benefits Act 1992 (c. 4)
  207. 2Paragraph 2
  208. 3Paragraph 3
  209. 4Paragraph 4
  210. 5Paragraph 5
  211. 6Paragraph 6
  212. 7Paragraph 7
  213. Social Security Administration Act 1992 (c. 5)
  214. 8Paragraph 8
  215. 9Paragraph 9
  216. 10Paragraph 10
  217. 11Paragraph 11
  218. 12Paragraph 12
  219. 13Paragraph 13
  220. 14Paragraph 14
  221. 15Paragraph 15
  222. 16Paragraph 16
  223. 17Paragraph 17
  224. 18Paragraph 18
  225. 19Paragraph 19
  226. 20Paragraph 20
  227. 21Paragraph 21
  228. 22Paragraph 22
  229. 23Paragraph 23
  230. 24Paragraph 24
  231. 25Paragraph 25
  232. 26Paragraph 26
  233. 27Paragraph 27
  234. 28Paragraph 28
  235. Social Security Act 1993 (c. 3)
  236. 29Paragraph 29
  237. Pensions Act 1995 (c. 26)
  238. 30Paragraph 30
  239. Social Security Act 1998 (c. 14)
  240. 31Paragraph 31
  241. 32Paragraph 32
  242. 33Paragraph 33
  243. 34Paragraph 34
  244. 35Paragraph 35
  245. 36Paragraph 36
  246. 37Paragraph 37
  247. Child Support, Pensions and Social Security Act 2000 (c. 19)
  248. 38Paragraph 38
  249. Social Security Fraud Act 2001 (c. 11)
  250. 39Paragraph 39
  251. 40Paragraph 40
  252. 41Paragraph 41
  253. State Pension Credit Act 2002 (c. 16)
  254. 42Paragraph 42
  255. 43Paragraph 43
  256. 44Paragraph 44
  257. Income Tax (Earnings and Pensions) Act 2003 (c. 1)
  258. 45Paragraph 45
  259. Gender Recognition Act 2004 (c. 7)
  260. 46Paragraph 46
  261. 47Paragraph 47
  262. 48Paragraph 48
  263. Finance (No. 2) Act 2005 (c. 22)
  264. 49Paragraph 49
  265. 50Paragraph 50
  266. 51Paragraph 51
  267. Welfare Reform Act 2012 (c. 5)
  268. 52Paragraph 52 Repealed
  269. Part 2: Amendments to do with old state pension system
  270. Graduated retirement benefit
  271. 53Paragraph 53
  272. Category A retirement pensions
  273. 54Paragraph 54
  274. 55Paragraph 55
  275. 56Paragraph 56
  276. Category B retirement pensions
  277. 57Paragraph 57
  278. 58Paragraph 58
  279. 59Paragraph 59
  280. 60Paragraph 60
  281. 61Paragraph 61
  282. 62Paragraph 62
  283. 63Paragraph 63
  284. 64Paragraph 64
  285. 65Paragraph 65
  286. 66Paragraph 66
  287. 67Paragraph 67
  288. 68Paragraph 68
  289. 69Paragraph 69
  290. 70Paragraph 70
  291. 71Paragraph 71
  292. 72Paragraph 72
  293. 73Paragraph 73
  294. 74Paragraph 74
  295. 75Paragraph 75
  296. 76Paragraph 76
  297. 77Paragraph 77
  298. Category C retirement pensions: repeal of spent provisions
  299. 78Paragraph 78
  300. 79Paragraph 79
  301. 80Paragraph 80
  302. 81Paragraph 81
  303. 82Paragraph 82
  304. 83Paragraph 83
  305. Category D retirement pensions
  306. 84Paragraph 84
  307. Age addition
  308. 85Paragraph 85
  309. Christmas bonus
  310. 86Paragraph 86
  311. Transition: same sex marriages
  312. 87Paragraph 87
  313. Part 3: Amendments to do with state pension credit
  314. 88Paragraph 88
  315. 89Paragraph 89
  316. 90Paragraph 90
  317. 91Paragraph 91
  318. Part 4: Other amendments to do with Part 1
  319. Social Security Contributions and Benefits Act 1992 (c. 4)
  320. 92Paragraph 92
  321. 93Paragraph 93
  322. 94Paragraph 94
  323. Pension Schemes Act 1993 (c. 48)
  324. 95Paragraph 95
  325. Pensions Act 2008 (c. 30)
  326. 96Paragraph 96
  327. Pensions Act 2011 (c. 19)
  328. 97Paragraph 97
  329. Schedule 13: Abolition of contracting-out for salary related schemes
  330. Part 1: Pension Schemes Act 1993: amendments
  331. 1Paragraph 1
  332. 2Paragraph 2
  333. 3Paragraph 3
  334. 4Paragraph 4
  335. 5Paragraph 5
  336. 6Paragraph 6
  337. 7Paragraph 7
  338. 8Paragraph 8
  339. 9Paragraph 9
  340. 10Paragraph 10
  341. 11Paragraph 11
  342. 12Paragraph 12
  343. 13Paragraph 13
  344. 14Paragraph 14
  345. 15Paragraph 15
  346. 16Paragraph 16
  347. 17Paragraph 17
  348. 18Paragraph 18
  349. 19Paragraph 19
  350. 20Paragraph 20
  351. 21Paragraph 21
  352. 22Paragraph 22
  353. 23Paragraph 23
  354. 24Paragraph 24
  355. 25Paragraph 25
  356. 26Paragraph 26
  357. 27Paragraph 27
  358. 28Paragraph 28
  359. 29Paragraph 29
  360. 30Paragraph 30
  361. 31Paragraph 31
  362. 32Paragraph 32
  363. 33Paragraph 33
  364. 34Paragraph 34
  365. 35Paragraph 35
  366. 36Paragraph 36
  367. 37Paragraph 37
  368. 38Paragraph 38
  369. 39Paragraph 39
  370. 40Paragraph 40
  371. 41Paragraph 41
  372. 42Paragraph 42
  373. 43Paragraph 43
  374. 44Paragraph 44
  375. 45Paragraph 45
  376. 46Paragraph 46
  377. 47Paragraph 47
  378. Part 2: Other Acts: amendments
  379. Social Security Contributions and Benefits Act 1992 (c. 4)
  380. 48Paragraph 48
  381. 49Paragraph 49
  382. 50Paragraph 50
  383. 51Paragraph 51
  384. 52Paragraph 52
  385. 53Paragraph 53
  386. 54Paragraph 54
  387. Social Security Administration Act 1992 (c. 5)
  388. 55Paragraph 55
  389. 56Paragraph 56
  390. 57Paragraph 57
  391. Pensions Act 1995 (c. 26)
  392. 58Paragraph 58
  393. 59Paragraph 59
  394. 60Paragraph 60
  395. 61Paragraph 61
  396. 62Paragraph 62
  397. 63Paragraph 63
  398. 65Paragraph 65
  399. Employment Rights Act 1996 (c. 18)
  400. 66Paragraph 66
  401. 67Paragraph 67
  402. 68Paragraph 68
  403. Child Support, Pensions and Social Security Act 2000 (c. 19)
  404. 69Paragraph 69
  405. 70Paragraph 70
  406. 71Paragraph 71
  407. Employment Act 2002 (c. 22)
  408. 72Paragraph 72
  409. Pensions Act 2004 (c. 35)
  410. 73Paragraph 73
  411. Companies Act 2006 (c. 46)
  412. 74Paragraph 74
  413. 75Paragraph 75
  414. 76Paragraph 76
  415. Pensions Act 2007 (c. 22)
  416. 77Paragraph 77
  417. 78Paragraph 78
  418. 79Paragraph 79
  419. 80Paragraph 80
  420. Pensions Act 2008 (c. 30)
  421. 81Paragraph 81
  422. 82Paragraph 82
  423. 83Paragraph 83
  424. Schedule 14: Power to amend schemes to reflect abolition of contracting-out Repealed
  425. Introduction Repealed
  426. 1Paragraph 1 Repealed
  427. What can the power be used to do? Repealed
  428. 2Paragraph 2 Repealed
  429. 3Paragraph 3 Repealed
  430. 4Paragraph 4 Repealed
  431. Creation of exceptions Repealed
  432. 5Paragraph 5 Repealed
  433. Requirement for actuary's certificate Repealed
  434. 6Paragraph 6 Repealed
  435. When can the power be used? Repealed
  436. 7Paragraph 7 Repealed
  437. 8Paragraph 8 Repealed
  438. Can the power be used more than once? Repealed
  439. 9Paragraph 9 Repealed
  440. Modifications for multi-employer or sectionalised schemes Repealed
  441. 10Paragraph 10 Repealed
  442. The power overrides other legislation Repealed
  443. 11Paragraph 11 Repealed
  444. Procedural requirements and supplementary matters Repealed
  445. 12Paragraph 12 Repealed
  446. 13Paragraph 13 Repealed
  447. Information Repealed
  448. 14Paragraph 14 Repealed
  449. Definitions Repealed
  450. 15Paragraph 15 Repealed
  451. Schedule 15: Option to boost old retirement pensions
  452. Part 1: Great Britain
  453. Social Security Contributions and Benefits Act 1992 (c. 4)
  454. 1Paragraph 1
  455. 2Paragraph 2
  456. 3Paragraph 3
  457. 4Paragraph 4
  458. 5Paragraph 5
  459. 6Paragraph 6
  460. 7Paragraph 7
  461. 8Paragraph 8
  462. 9Paragraph 9
  463. 10Paragraph 10
  464. 11Paragraph 11
  465. 12Paragraph 12
  466. Social Security Administration Act 1992 (c. 5)
  467. 13Paragraph 13
  468. Welfare Reform and Pensions Act 1999 (c. 30)
  469. 14Paragraph 14
  470. Part 2: Northern Ireland
  471. Social Security Contributions and Benefits (Northern Ireland) Act 1992 (c. 7)
  472. 15Paragraph 15
  473. 16Paragraph 16
  474. 17Paragraph 17
  475. 18Paragraph 18
  476. 19Paragraph 19
  477. 20Paragraph 20
  478. 21Paragraph 21
  479. Social Security Administration (Northern Ireland) Act 1992 (c. 8)
  480. 22Paragraph 22
  481. Schedule 16: Bereavement support payment: amendments
  482. Forfeiture Act 1982 (c. 34)
  483. 1Paragraph 1
  484. Social Security Contributions and Benefits Act 1992 (c. 4)
  485. 2Paragraph 2
  486. 3Paragraph 3
  487. 4Paragraph 4
  488. 5Paragraph 5
  489. 6Paragraph 6
  490. 7Paragraph 7
  491. 8Paragraph 8
  492. 9Paragraph 9
  493. 10Paragraph 10
  494. 11Paragraph 11
  495. 12Paragraph 12
  496. 13Paragraph 13
  497. 14Paragraph 14
  498. 15Paragraph 15
  499. 16Paragraph 16
  500. 17Paragraph 17
  501. 18Paragraph 18
  502. 19Paragraph 19
  503. Social Security Administration Act 1992 (c. 5)
  504. 20Paragraph 20
  505. 21Paragraph 21
  506. 22Paragraph 22
  507. 23Paragraph 23
  508. 24Paragraph 24
  509. 25Paragraph 25
  510. 26Paragraph 26
  511. 27Paragraph 27
  512. 28Paragraph 28
  513. 29Paragraph 29
  514. 30Paragraph 30
  515. 31Paragraph 31
  516. 32Paragraph 32
  517. 33Paragraph 33
  518. 34Paragraph 34
  519. 35Paragraph 35
  520. Social Security Act 1993 (c. 3)
  521. 36Paragraph 36
  522. Social Security Act 1998 (c. 14)
  523. 37Paragraph 37
  524. 38Paragraph 38
  525. 39Paragraph 39
  526. 40Paragraph 40
  527. 41Paragraph 41
  528. 42Paragraph 42
  529. Social Security Fraud Act 2001 (c. 11)
  530. 43Paragraph 43
  531. 44Paragraph 44
  532. 45Paragraph 45
  533. Income Tax (Earnings and Pensions) Act 2003 (c. 1)
  534. 46Paragraph 46
  535. 47Paragraph 47
  536. 48Paragraph 48
  537. Schedule 17: Automatic transfer of pension benefits etc
  538. Part 1: Automatic transfer of pension benefits Not yet in force
  539. Regulations providing for transfer of cash equivalent of transferable benefits Not yet in force
  540. 1Paragraph 1 Not yet in force
  541. Automatic transfer scheme to find out whether members have transferable benefits Not yet in force
  542. 2Paragraph 2 Not yet in force
  543. Automatic transfer scheme to request transfer of cash equivalent Not yet in force
  544. 3Paragraph 3 Not yet in force
  545. Right to opt out of automatic transfer Not yet in force
  546. 4Paragraph 4 Not yet in force
  547. Information to be given to qualifying members of automatic transfer schemes Not yet in force
  548. 5Paragraph 5 Not yet in force
  549. Transferable benefits scheme to comply with request Not yet in force
  550. 6Paragraph 6 Not yet in force
  551. Automatic transfer scheme to use cash equivalent to provide rights under the scheme Not yet in force
  552. 7Paragraph 7 Not yet in force
  553. Cash equivalents: calculation and verification Not yet in force
  554. 8Paragraph 8 Not yet in force
  555. Disclosure of information and establishment of database Not yet in force
  556. 9Paragraph 9 Not yet in force
  557. Compliance Not yet in force
  558. 10Paragraph 10 Not yet in force
  559. Record keeping Not yet in force
  560. 11Paragraph 11 Not yet in force
  561. Further provision about the regulations Not yet in force
  562. 12Paragraph 12 Not yet in force
  563. Review of limit on value of cash equivalent Not yet in force
  564. 13Paragraph 13 Not yet in force
  565. Part 2: Merger of pension accounts Not yet in force
  566. 14Paragraph 14 Not yet in force
  567. Part 3: Interpretation etc
  568. Interpretation etc
  569. 15Paragraph 15
  570. Crown application Not yet in force
  571. 16Paragraph 16 Not yet in force
  572. Overriding provision Not yet in force
  573. 17Paragraph 17 Not yet in force
  574. Other provision relating to regulations under this Schedule Not yet in force
  575. 18Paragraph 18 Not yet in force
  576. 19Paragraph 19 Not yet in force
  577. Amendments Not yet in force
  578. 20Paragraph 20 Not yet in force
  579. 21Paragraph 21 Not yet in force
  580. Schedule 18: Power to restrict charges or impose requirements in relation to schemes
  581. Power to restrict charges
  582. 1Paragraph 1
  583. Power to impose requirements relating to administration or governance
  584. 2Paragraph 2
  585. Compliance
  586. 3Paragraph 3
  587. Interpretation
  588. 4Paragraph 4
  589. Crown application
  590. 5Paragraph 5
  591. Overriding provision
  592. 6Paragraph 6
  593. Other provision relating to regulations under this Schedule
  594. 7Paragraph 7
  595. 8Paragraph 8
  596. Amendments
  597. 9Paragraph 9
  598. 10Paragraph 10
  599. 11Paragraph 11
  600. 12Paragraph 12
  601. Schedule 19: Prohibition orders: consequential amendments
  602. Pensions Act 1995 (c. 26)
  603. 1Paragraph 1
  604. 2Paragraph 2
  605. 3Paragraph 3
  606. 4Paragraph 4
  607. Pensions Act 2004 (c. 35)
  608. 5Paragraph 5
  609. 6Paragraph 6
  610. 7Paragraph 7
  611. 8Paragraph 8
  612. 9Paragraph 9
  613. 10Paragraph 10
  614. Schedule 20: Pension Protection Fund: increased compensation cap for long service
  615. Part 1: The new compensation cap
  616. 1Paragraph 1 Repealed
  617. 2Paragraph 2 Repealed
  618. 3Paragraph 3 Repealed
  619. Part 2: Consequential amendments
  620. 4Paragraph 4
  621. 5Paragraph 5 Repealed
  622. 6Paragraph 6
  623. 7Paragraph 7 Repealed
  624. Part 3: Effect of change in transitional cases
  625. Recalculation of periodic compensation going forwards
  626. 8Paragraph 8 Repealed
  627. New cap does not generally affect old payments
  628. 9Paragraph 9 Repealed
  629. Survivors' compensation
  630. 10Paragraph 10 Repealed
  631. Cases involving early payment or postponement of compensation
  632. 11Paragraph 11 Repealed
  633. Recalculation of terminal illness lump sums given in the past year
  634. 12Paragraph 12 Repealed
  635. Meaning of “the pension compensation provisions” in Part 2 of the Pensions Act 2004
  636. 13Paragraph 13 Repealed
  637. Part 4: Schemes undergoing assessment or winding up on the commencement date
  638. Schemes undergoing assessment on the commencement date
  639. 14Paragraph 14 Repealed
  640. Schemes that begin winding up before the commencement date
  641. 15Paragraph 15 Repealed
  642. Meaning of “undergoing assessment”
  643. 16Paragraph 16 Repealed
  644. Meaning of “eligible scheme”
  645. 17Paragraph 17 Repealed
  646. Part 5: Interpretation and power to make further transitional provision
  647. Interpretation
  648. 18Paragraph 18 Repealed
  649. 19Paragraph 19 Repealed
  650. Further transitional provision
  651. 20Paragraph 20 Repealed
  652. 21Paragraph 21 Repealed
  653. 22Paragraph 22 Repealed