Limits on benefits21
For paragraph 24 of Schedule 2 substitute—
24
Any limitation on the amount of any age related benefit or death benefit payable from a scheme where the limitation—
a
relates to—
i
all members who joined, or who became eligible to join the scheme on, after or before a particular date; or
ii
any group or category of members who joined, or who became eligible to join the scheme on, after or before a particular date; and
b
results from imposing a maximum level of pensionable pay by reference to which the age related benefit or death benefit may be calculated.