Revaluation of accrued benefits etc.N.I.
80—(1) Schedule 1, which—
(a)amends Schedule 2 to the Pension Schemes Act (methods of revaluing accrued pension benefits),
(b)amends Schedule 6 to the 2005 Order (pension compensation provisions), and
(c)makes consequential amendments,
has effect.
(2) The amendments made by Parts 1 and 3 of Schedule 1 do not apply in relation to a revaluation period ending before this section comes into operation.
(3) In subsection (2) “revaluation period” has the same meaning as in paragraph 2(2) of Schedule 2 to the Pension Schemes Act.
Commencement Information
I1S. 80 partly in operation; s. 80 not in operation at Royal Assent see s. 118(1); s. 80 in operation for certain purposes at 6.4.2009 by S.R. 2009/22, art. 2(2)(c); s. 80(1) in operation for certain purposes at 6.4.2009 by S.R. 2009/147, art. 3