Limits on benefits
This section has no associated Explanatory Memorandum
21. 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.”.