Pensions Act 2008 (c. 30)

SCHEDULES

SCHEDULE 5 Pension compensation payable on discharge of pension compensation credit

Part 1 Introductory

Interpretation

2 In this Schedule—

• “the initial annual rate of compensation” is the amount determined by the Board under section 116(4);

• “the pension compensation age” of the transferee is the age determined in accordance with paragraph 3.