PART 3Modification of early leaver and other provisions
Revaluation of preserved benefitI18
1
Chapter 2 of Part 4 of the 1993 Act (protection for early leavers: revaluation of accrued benefits) are modified as follows in relation to P.
2
In the application of Chapter 2 for the purpose of revaluing the benefit payable to or in respect of P under the old scheme—
a
in section 79(1)(a)(ii)12 (scope of chapter 2), the reference to the date on which P’s pensionable service ends is to be taken as a reference to the date on which P’s pensionable service ends in relation to the new scheme; and
b
subsequent references in that Chapter to “the termination date” and the “pre-pension period” are to be construed accordingly.