PART 2SIMPLIFICATION ETC.
Private pensions
I180Revaluation of accrued benefits etc.
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.