Pensions Act 1995

s.101 Information and inspection: penalties.

s.102 Savings for certain privileges etc.

s.103 Publishing reports.

s.104 Restricted information.

s.105 Information supplied to the Authority by corresponding overseas authorities.

s.106 Disclosure for facilitating discharge of functions by the Authority.

amended 12 times (opens in a new tab)

s.107 Disclosure for facilitating discharge of functions by other supervisory authorities.

s.108 Other permitted disclosures.

s.109 Disclosure of information by the Inland Revenue.

s.110 Provision of information.

s.111 Information: penalties.

s.112 Savings for certain privileges.

s.113 Publishing reports.

amended 6 times (opens in a new tab)

s.114 Disclosure of information.

s.115 Offences by bodies corporate and partnerships.

s.116 Breach of regulations.

s.117 Overriding requirements.

amended 6 times (opens in a new tab)

s.118 Powers to modify this Part.

s.119 Calculations etc. under regulations: sub-delegation.

s.120 Consultations about regulations.

s.121 Crown application.

s.122 Consequential amendments.

s.123 “Connected” and “associated” persons.

amended 21 times (opens in a new tab)

s.124 Interpretation of Part I.

s.125 Section 124: supplementary.

123 other sections in this Part — procedural and definitional

s.001 The new authority.

s.002 Reports to Secretary of State.

s.003 Prohibition orders.

s.004 Suspension orders.

s.005 Removal of trustees: notices.

s.006 Removal or suspension of trustees: consequences.

s.007 Appointment of trustees.

s.008 Appointment of trustees: consequences.

s.009 Removal and appointment of trustees: property.

s.010 Civil penalties.

s.011 Powers to wind up schemes.

s.012 Powers to wind up public service schemes.

s.013 Injunctions and interdicts.

s.014 Restitution.

s.015 Directions.

s.016 Requirement for member-nominated trustees.

s.017 Exceptions.

s.018 Corporate trustees: member-nominated directors.

s.019 Corporate trustees: exceptions.

s.020 Selection, and eligibility, of member-nominated trustees and directors.

s.021 Member-nominated trustees and directors: supplementary.

s.022 Circumstances in which following provisions apply.

s.023 Power to appoint independent trustees

s.024 Members’ powers to apply to court to enforce duty.

s.025 Appointment and powers of independent trustees: further provisions.

s.026 Information to be given to the Authority in a s. 22 case

s.026 Information to be given in cases where s. 22 disapplied

s.026 Construction of ss. 26A and 26B

s.027 Trustee not to be auditor or actuary of the scheme.

s.028 Section 27: consequences.

s.029 Persons disqualified for being trustees.

s.030 Persons disqualified: consequences.

s.030 Accessibility of register of disqualified trustees

s.031 Trustees not to be indemnified for fines or civil penalties.

s.032 Decisions by majority.

s.033 Investment powers: duty of care.

s.034 Power of investment and delegation.

s.035 Investment principles.

s.036 Restriction on borrowing by trustees

s.036 Power to modify scheme in relation to payment of surplus to employer

s.037 Payment of surplus to employer.

s.038 Power to defer winding up.

s.039 Exercise of powers by member trustees.

s.041 Provision of documents for members.

s.041 Climate change risk

s.041 Climate change risk: publication of information

s.041 Sections 41A and 41B: compliance

s.042 Time off for performance of duties and for training.

s.043 Payment for time off.

s.044 Time limit for proceedings.

s.045 Remedies.

s.046 Right not to suffer detriment in employment or be unfairly dismissed.

s.047 Professional advisers.

s.048 “Blowing the whistle”.

s.050 Meaning of “person with an interest in the scheme”

s.051 Annual increase in rate of pension.

s.051 Restriction on increase where annuity tied to investments.

s.051 Meaning of “the appropriate percentage”

s.051 Meaning of “cash balance benefit”

s.052 Restriction on increase where member is under 55.

s.053 Effect of increases above the statutory requirement.

s.054 Sections 51 to 53: supplementary.

s.055 Section 51: end of annual increase in GMP.

s.056 Minimum funding requirement.

s.057 Valuation and certification of assets and liabilities.

s.058 Schedules of contributions.

s.059 Determination of contributions: supplementary.

s.060 Serious underprovision.

s.061 Sections 56 to 60: supplementary.

s.062 The equal treatment rule.

s.063 Equal treatment rule: supplementary.

s.064 Equal treatment rule: exceptions.

s.065 Equal treatment rule: consequential alteration of schemes.

s.066 Equal treatment rule: effect on terms of employment, etc.

s.066 Prohibition on different rules for overseas residents etc.

s.067 The subsisting rights provisions

s.067 The subsisting rights provisions: interpretation

s.067 The consent requirements

s.067 The actuarial equivalence requirements

s.067 The actuarial equivalence requirements: further provisions

s.067 The reporting requirement

s.067 Powers of the Authority: voidable modifications

s.067 Powers of the Authority to intervene

s.067 Subsisting rights provisions: civil penalties

s.068 Power of trustees to modify schemes by resolution.

s.069 Grounds for applying for modifications: winding up registered schemes

s.070 Section 69: supplementary.

s.071 Effect of orders under section 69.

s.071 Modification by Authority to secure winding-up.

s.072 Modification of public service pension schemes.

s.072 Reports to Authority about winding-up.

s.072 Directions by Authority for facilitating winding-up.

s.072 Duty to comply with directions under s. 72B.

s.073 Preferential liabilities on winding up.

s.073 Operation of scheme during winding up period

s.073 Sections 73 and 73A: supplementary

s.074 Discharge of liabilities by insurance, etc.

s.075 Deficiencies in the assets.

s.075 Deficiencies in the assets: multi-employer schemes

s.076 Excess assets on winding up.

s.077 Excess assets remaining after winding up: power to distribute.

s.078 The Compensation Board.

s.079 Reports to Secretary of State.

s.080 Review of decisions.

s.081 Cases where compensation provisions apply.

s.082 Applications for payments.

s.083 Amount of compensation.

s.084 Payments made in anticipation.

s.085 Surplus funds.

s.086 Modification of compensation provisions.

s.087 Schedules of payments to money purchase schemes.

s.088 Schedules of payments to money purchase schemes: supplementary.

s.089 Application of further provisions to money purchase schemes.

s.090 Unpaid contributions in cases of insolvency.

s.091 Inalienability of occupational pension.

s.092 Forfeiture, etc.

s.093 Forfeiture by reference to obligation to employer.

s.094 Sections 91 to 93: supplementary.

s.095 Pension rights of individuals adjudged bankrupt etc.

s.096 Review of decisions.

s.097 References and appeals from the Authority.

s.098 Provision of information.

s.099 Inspection of premises.

Part 2

State Pensions

4 of 9 sections shown

s.126 Equalisation of pensionable age and of entitlement to certain benefits and increase in pensionable age.

s.127 Enhancement of additional pension, etc. where family credit or disability working allowance paid.

s.128 Additional pension: calculation of surpluses.

s.134 Minor amendments.

5 other sections in this Part — procedural and definitional

s.129 Contribution conditions.

s.130 Up-rating of pensions increased under section 52 of the Social Security Contributions and Benefits Act.

s.131 Graduated retirement benefit.

s.132 Extension of Christmas bonus for pensioners.

s.133 Contributions paid in error.

Part 3

Certification of pension schemes and effects on members’ state scheme rights and duties

15 of 17 sections shown

s.136 New requirements for contracted-out schemes.

amended 11 times (opens in a new tab)

s.137 State scheme contributions and rebates.

s.138 Minimum contributions towards appropriate personal pension schemes.

s.139 Money purchase and personal pension schemes: verification of ages.

s.140 Reduction in benefits for members of certified schemes.

s.141 State scheme etc. premiums and buyback into State scheme.

s.142 Interim arrangements for giving effect to protected rights.

s.143 Requirements for interim arrangements.

s.144 Interim arrangements: supplementary.

s.146 Discharge of protected rights on winding up: insurance policies.

s.147 Monitoring personal pension schemes.

s.148 Earner employed in more than one employment.

s.149 Hybrid occupational pension schemes.

s.150 Dissolution of Occupational Pensions Board.

s.151 Minor and consequential amendments related to sections 136 to 150.

2 other sections in this Part — procedural and definitional

s.135 The “principal appointed day” for Part III.

s.145 Extension of interim arrangements to occupational pension schemes.

Part 4

Miscellaneous and General

28 of 30 sections shown

s.152 Extension of scope of right to cash equivalent.

s.153 Right to guaranteed cash equivalent.

s.154 Right to guaranteed cash equivalent: supplementary.

s.155 Breach of regulations under the Pension Schemes Act 1993.

s.156 Employment of staff by the Pensions Ombudsman.

s.157 Jurisdiction of Pensions Ombudsman.

s.158 Costs and expenses.

s.159 Disclosing information.

s.160 Interest on late payment of benefit.

s.161 Repeal of sections 136 to 143 of the Pension Schemes Act 1993.

s.162 Annual increase in rate of personal pension.

s.163 Section 162: supplementary.

s.164 Power to reject notice choosing appropriate personal pension scheme.

s.165 Levy.

s.166 Pensions on divorce etc.

s.167 Pensions on divorce, etc.: Scotland.

amended 6 times (opens in a new tab)

s.168 War pensions for widows: effect of remarriage.

s.169 Extensions of Pensions Appeal Tribunals Act 1943.

s.170 Pensions for dependants of the Prime Minister etc.

s.172 Information about public service schemes.

s.173 General minor and consequential amendments.

s.174 Orders and regulations (general provisions).

amended 9 times (opens in a new tab)

s.175 Parliamentary control of orders and regulations.

s.176 Interpretation.

s.177 Repeals.

s.178 Extent.

s.180 Commencement.

s.181 Short title.