SCHEDULE 3Modifying provisions and amendments
PART 2Modification of early leaver and other provisions
Revaluation of preserved benefit6
1
Chapter 2 of Part 4 of the 1993 Act (protection for early leavers: revaluation of accrued benefits) is modified as follows.
2
In the application of Chapter 2 for the purpose of revaluing benefit payable to or in respect of P under the old scheme—
a
in section 79(1)(a)(ii) F1 (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 this scheme; and
b
subsequent references in that Chapter to “the termination date” and the “pre-pension period” are to be construed accordingly.