UK Act of Parliament
2014
United Kingdom
Pensions Act 2014
At a glance
Enforced by
What this Act requires
Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.
Schedules
Browse 400 other Schedules — structural / supplementary
A person's amount for pre-commencement qualifying years is calculated as...
(1) For the purposes of Step 1 of the calculation...
(1) For the purposes of Step 2 of the calculation...
(1) In paragraph 4(2) and (3) references to an “amount...
(1) This paragraph determines how the amount mentioned in Step...
(1) A person's amount for post-commencement qualifying years (if any)...
This Schedule sets out how to up-rate the transitional rate...
In this Schedule a reference to the transitional rate of...
(1) The transitional rate of a person's state pension is...
(1) The transitional rate of a person's state pension is...
This Schedule— (a) sets out the circumstances in which a...
(1) A pensioner whose spouse or civil partner has died...
(1) A pensioner whose spouse or civil partner has died...
(1) A pensioner whose spouse or civil partner has died...
(1) A pensioner whose spouse or civil partner has died...
(1) A pensioner whose spouse or civil partner has died...
(1) A pensioner whose spouse or civil partner has died...
(1) A pensioner whose spouse or civil partner has died...
When determining entitlement to, or calculating, an inherited amount under...
This Schedule sets out how to up-rate the rate of...
In this Schedule a reference to the rate of a...
In this Schedule a reference to “the amount of any...
(1) The rate of the person's state pension under section...
(1) The rate of the person's state pension under section...
(1) The rate of the person's state pension under section...
This Schedule— (a) sets out the circumstances in which a...
(1) A pensioner whose spouse or civil partner has died...
(1) A pensioner whose spouse or civil partner has died...
For the purposes of this Schedule “the relevant provisions” of...
When determining entitlement to, or calculating, an inherited deferral amount...
This Schedule modifies the rules about the transitional rate of...
(1) This paragraph applies to the woman if on reaching...
(1) This paragraph applies to the woman if on reaching...
(1) If the woman is married or in a civil...
(1) If neither of paragraphs 2 and 3 apply to...
Nothing in paragraph 4 or 5 affects—
This Schedule— (a) sets out the circumstances in which a...
(1) A woman is entitled to a basic amount under...
(1) A woman is entitled to a basic amount under...
A woman who is entitled to a basic amount under...
This Schedule sets out the appropriate weekly rate of a...
(1) This paragraph sets out the appropriate weekly rate if...
(1) This paragraph sets out the appropriate weekly rate if...
(1) Regulations may make provision about the calculation and verification...
This Schedule sets out how to up-rate the rate of...
In this Schedule a reference to the rate of a...
(1) In this Schedule “the total amount of any state...
(1) The rate of the person's state pension under section...
(1) The rate of the person's state pension under section...
(1) The rate of the person's state pension under section...
This Schedule sets out the appropriate weekly reduction in the...
(1) This paragraph sets out the appropriate weekly reduction if...
(1) This paragraph sets out the appropriate weekly reduction if...
(1) Regulations may make provision about the calculation and verification...
In section 27 of the Family Law (Scotland) Act 1985...
(1) Section 47 (shareable state scheme rights) is amended as...
In section 48 (activation of benefit sharing), in subsection (1),...
(1) Section 49 (creation of state scheme pension debits and...
After section 49 insert— Creation of debits and credits: transferor...
(1) Section 51 (interpretation) is amended as follows.
In section 16 of the State Pension Credit Act 2002...
In Schedule 5 to the Gender Recognition Act 2004 (benefits...
The Contributions and Benefits Act is amended as follows.
In section 21 (contribution conditions), in subsection (1), after “section...
In section 43 (persons entitled to more than one retirement...
(1) Section 55A (shared additional pension) is amended as follows....
After section 55A insert— Shared additional pension because of a...
(1) Section 55B (reduction of additional pension in Category A...
In the Administration Act, after section 148AC (inserted by Schedule...
The Welfare Reform and Pensions Act 1999 is amended as...
In section 4 of the Forfeiture Act 1982 (Upper Tribunal...
In section 5 (regulations about claims for and payments of...
In section 71 (overpayments - general), in subsection (11), before...
In section 73 (overlapping benefits - general)—
In section 121DA (interpretation of Part 6), in subsection (1),...
In section 122B (supply of other government information for fraud...
In section 124 (age, death and marriage), in subsection (1),...
In section 125 (regulations as to notification of deaths), in...
After section 148AB insert— Revaluation for transitional pensions under Pensions...
In section 150 (annual up-rating of benefits), in subsection (1),...
In section 150A (annual up-rating), in subsection (1), before paragraph...
The Contributions and Benefits Act is amended as follows.
In section 151 (up-rating: supplementary), in subsection (2)—
After section 151 insert— Up-rating of transitional state pensions under...
(1) Section 155A (power to anticipate pensions up-rating order) is...
(1) Section 163 (general financial arrangements) is amended as follows....
In section 170 (Social Security Advisory Committee), in subsection (5)—...
(1) Section 179 (reciprocal agreements) is amended as follows.
In section 187 (inalienability), in subsection (1), after paragraph (za)...
In section 190 (parliamentary control of orders and regulations), in...
In section 191 (interpretation), in the definition of “benefit”, after...
In section 2 of the Social Security Act 1993 (payments...
In section 1 (outline of contributory system), in subsection (1)(a),...
In Schedule 4 to the Pensions Act 1995 (pensionable age),...
The Social Security Act 1998 is amended as follows.
In section 2 (use of computers), in subsection (2)—
In section 8 (decisions by Secretary of State)—
In section 11 (regulations with respect to decisions), in subsection...
In section 27 (restrictions on entitlement to benefit in certain...
In section 28 (correction of errors in decisions etc), in...
In Schedule 3 (decisions against which an appeal lies), after...
(1) Section 42 of the Child Support, Pensions and Social...
The Social Security Fraud Act 2001 is amended as follows....
In section 13 (Class 3 contributions), in subsection (2), omit...
In section 6A (definitions), in subsection (1)—
In section 10 (power to supplement and mitigate loss of...
The State Pension Credit Act 2002 is amended as follows....
In section 7 (fixing of claimant's retirement provision for assessed...
In section 16 (meaning of “retirement pension income”), in subsection...
In section 577 of the Income Tax (Earnings and Pensions)...
The Gender Recognition Act 2004 is amended as follows.
In section 23 of that Act (power to modify statutory...
(1) Schedule 5 (benefits and pensions) is amended as follows....
The Finance (No. 2) Act 2005 is amended as follows....
After section 19A insert— Extended meaning of “benefit” etc in...
(1) Section 8 (meaning of “applicable year of assessment” in...
In section 9 (interpretation), in the definition of “state pension...
In section 96 of the Welfare Reform Act 2012 (benefit...
(1) Section 36 of the National Insurance Act 1965 (graduated...
The Contributions and Benefits Act is amended as follows.
In section 44(1) (Category A retirement pensions), for paragraph (a)...
(1) Section 48 (use of former spouse's contributions) is amended...
The Contributions and Benefits Act is amended as follows.
In section 23A (contributions credits for relevant parents and carers),...
In section 46 (modification of section 45 for calculating additional...
(1) Section 22 (earnings factors) is amended as follows.
For section 48A substitute— Category B retirement pension for married...
(1) Section 48B (Category B retirement pension for widows and...
(1) Section 48BB (Category B retirement pension: entitlement by reference...
(1) Section 48C (Category B retirement pension: general) is amended...
For section 51 substitute— Category B retirement pension for widows,...
After section 51 insert— Special provision for married person whose...
In section 52(3) (special provision for surviving spouses) for “prescribed...
(1) Schedule 3 (contribution conditions for entitlement to benefit) is...
In Part 1 of Schedule 4 (rates of certain benefits),...
In Schedule 4A (additional pension: accrual rates for purposes of...
In section 122(1) (interpretation), in the definition of “benefit”, after...
In section 150 of the Administration Act (annual up-rating of...
In section 46 of the Pension Schemes Act 1993 (effect...
In section 128 of the Pensions Act 1995 (additional pension:...
In Schedule 4 to the Pensions Act 1995 (equalisation of,...
In section 577 of the Income Tax (Earnings and Pensions)...
In Schedule 24 to the Civil Partnership Act 2004, omit...
In Schedule 5 to the Gender Recognition Act 2004 (benefits...
In Schedule 4 to the Marriage (Same Sex Couples) Act...
The Contributions and Benefits Act is amended as follows.
In section 63(f)(i) (descriptions of non-contributory benefits), for the words...
The Administration Act is amended as follows.
(1) Section 78 (Category C retirement pensions etc) is amended...
In Part 3 of Schedule 4 —
In section 150A of the Administration Act (annual up-rating), in...
In Schedule 5 to the Gender Recognition Act 2004 (benefits...
In section 78(3) of the Contributions and Benefits Act (entitlement...
In sections 63(g) and 79(1) of the Contributions and Benefits...
In section 150(2) of the Contributions and Benefits Act (Christmas...
(1) If marriage of same sex couples is not lawful...
The State Pension Credit Act 2002 is amended as follows....
In section 3 (savings credit), for subsection (1) substitute—
In section 1 (entitlement to benefit dependent on claim), in...
After that section insert— Power to limit savings credit for...
In Schedule 1 to the Pensions Act 2007, omit paragraph...
The Contributions and Benefits Act is amended as follows.
(1) Section 39C (rate of widowed parent's allowance and bereavement...
(1) Schedule 5 (pension increase or lump sum where entitlement...
Section 46A of the Pension Schemes Act 1993 (retirement in...
In the Pensions Act 2008, the following are repealed—
In the Pensions Act 2011, the following are repealed—
The Pension Schemes Act 1993 is amended as follows.
The italic heading above section 12A is repealed.
Sections 12A to 12D (requirements for certification applying to employment...
For the italic heading above section 13 substitute “ Guaranteed...
(1) Before section 13 insert— Former salary related contracted-out schemes...
In section 13 (minimum pensions for earners), in subsection (2)—...
(1) Section 14 (earner's guaranteed minimum) is amended as follows....
In section 16 (revaluation of earnings factors for the purposes...
(1) Section 17 (minimum pensions for widows, widowers and surviving...
In section 20 (transfer of accrued rights), in subsection (1)(a)—...
In section 23 (securing of benefits), in subsection (2), omit...
For “the abolition date” (in each place) substitute “ the...
In section 24A— (a) the existing text becomes subsection (1),...
In section 25 (power for HMRC to impose conditions as...
Sections 34 to 36 (cancellation, variation, surrender and refusal of...
In the italic heading above section 37, for “scheme rules...
In section 37 (alteration of rules of contracted-out schemes) for...
After section 37 insert— Transfer of liabilities etc: schemes contracted-out...
For the heading to Chapter 2 of Part 3 substitute...
In section 40 (scope of Chapter 2)—
The italic heading above section 41 is repealed.
Section 41 (reduced rates of Class 1 contributions) is repealed....
In the heading for Part 3 of the Act—
(1) Section 42 (review and alteration of reduced rates of...
In section 48A (additional pension and other benefits), in subsection...
Section 49 (women, married women and widows) is repealed.
Section 50 (powers of HMRC to approve arrangements for scheme...
In section 51 (calculation of guaranteed minimum pensions under approved...
For section 52 substitute— Supervision of former salary related contracted-out...
In section 53 (supervision: former contracted-out schemes), omit subsection (3)....
Sections 55 to 68 (state scheme premiums) are repealed.
In section 87 (general protection principle), in subsection (1)(a), for...
In section 96 (further provisions concerning exercise of option to...
For the heading to Chapter 1 of Part 3 substitute...
In section 109 (annual increase of guaranteed minimum pensions), in...
In section 171 (questions arising in proceedings), in subsection (1),...
In section 178 (trustees and managers of schemes), in paragraph...
(1) Section 181(1) (general interpretation) is amended as follows.
Section 181A (interpretation of references to money purchase contracted-out schemes...
In section 185 (consultation about other regulations), omit subsection (9)....
(1) Schedule 2 (certification regulations) is amended as follows.
(1) Schedule 4 (priority in bankruptcy) is amended as follows....
The Contributions and Benefits Act is amended as follows.
In section 1 (outline of contributory system), in subsection (3),...
Section 7 (issue of contracting-out certificates) is repealed (and accordingly,...
In section 4C (power to make provision in consequence of...
In section 8 (calculation of primary Class 1 contributions), in...
In section 9 (calculation of secondary Class 1 contributions), in...
In section 20 (descriptions of contributory benefits), in subsection (3),...
In Schedule 1 (supplementary provisions relating to national insurance contributions),...
The Administration Act is amended as follows.
In section 150 (annual up-rating of benefits), in subsection (10A),...
In section 191 (interpretation - general)— (a) in the definition...
The Pensions Act 1995 is amended as follows.
(1) Section 51 (annual increase in rate of pension) is...
After section 7 insert— Meaning of “the first abolition date”...
In section 54 (sections 51 to 53: supplementary), in subsection...
For section 69 substitute— Grounds for applying for modifications: winding...
In section 70 (section 69: supplementary), omit subsection (3).
In section 71 (effect of orders under section 69), in...
Sections 136(1), (3) and (5), 137(3) and (4) and 148...
The Employment Rights Act 1996 is amended as follows.
In section 3 (note to be included in statement of...
In section 11 (references to employment tribunals), in subsection (3),...
The Child Support, Pensions and Social Security Act 2000 is...
(1) Section 8 (meaning of “contracted-out employment”, “guaranteed minimum pension”...
(1) Section 42 (disclosure of state pension information) is amended...
Part 2 of Schedule 5 (alternative to anti-franking rules) is...
In section 15 of the Employment Act 2002 (use of...
In section 258 of the Pensions Act 2004 (pension protection...
The Companies Act 2006 is amended as follows.
In section 140 (interests to be disregarded: employer's rights of...
In section 673 (interests to be disregarded in determining whether...
The Pensions Act 2007 is amended as follows.
(1) Section 15 (abolition of contracting-out for defined contribution pension...
In section 27 (consequential provision, repeals and revocations), in subsection...
The italic heading above section 9 is repealed.
(1) Schedule 4 (abolition of contracting-out for defined contribution pension...
The Pensions Act 2008 is amended as follows.
For section 21 substitute— Quality requirement: UK defined benefits schemes...
In section 22 (test scheme standard), for subsection (2) substitute—...
Sections 9 and 11 (requirements for certification of schemes: general)...
This Schedule is about the power under section 24(2) to...
(1) Regulations may modify section 24(2) to (7) or this...
An amendment under section 24 and this Schedule may be...
Regulations may impose procedural requirements about the use of the...
Regulations under this Schedule may confer a discretion on a...
(1) Regulations may require the trustees or managers of an...
In this Schedule— “employee contributions” means, in relation to a...
(1) The power may be used— (a) to increase the...
(1) The power may not be used in a way...
Regulations may impose further restrictions on the use of the...
The power may not be used to amend a scheme...
(1) The power may be used only if an actuary...
The power may be used before or after the repeal...
An amendment made before the repeal of section 41 of...
(1) The power may be used to amend a scheme...
The Social Security Contributions and Benefits Act 1992 is amended...
In section 122 (interpretation), in subsection (1), at the appropriate...
In section 176 (parliamentary control), in subsection (1)(a), at the...
In the heading to Schedule 1, for “and 3” substitute...
(1) Section 162 of the Social Security Administration Act 1992...
In section 47 of the Welfare Reform and Pensions Act...
The Social Security Contributions and Benefits (Northern Ireland) Act 1992...
(1) Section 1 (outline of contributory system) is amended as...
After section 14 insert— Class 3A contributions Class 3A contributions...
(1) If paragraph 17 comes into force before the new...
In section 121 (interpretation), in subsection (1), at the appropriate...
(1) Section 1 (outline of contributory system) is amended as...
In section 172 (procedure for regulations etc), in subsection (11A),...
In the heading to Schedule 1, for “and 3” substitute...
(1) Section 142 of the Social Security Administration (Northern Ireland)...
After section 14 insert— Class 3A contributions Class 3A contributions...
If paragraph 3 comes into force before the day mentioned...
In section 43 (persons entitled to more than one retirement...
In section 44 (Category A retirement pension), in subsection (3)—...
(1) Section 45 (rate of additional pension in a Category...
In section 52 (special provision for surviving spouses), after subsection...
After section 61 insert— Shortfall in contributions: people with units...
In section 4 of the Forfeiture Act 1982 (Upper Tribunal...
(1) Section 37 (widowed mother's allowance) is amended as follows....
(1) Section 38 (widow's pension) is amended as follows.
In section 39A (widowed parent's allowance), for subsection (1) substitute—...
Section 39B (bereavement allowance where no dependent children) is repealed....
(1) Section 39C (rate of widowed parent's allowance and bereavement...
In section 48B (Category B retirement pension for widows and...
In section 48BB (Category B retirement pension: entitlement by reference...
(1) Section 60 (complete or partial failure to satisfy contribution...
(1) Schedule 3 (contribution conditions for entitlement to benefit) is...
In Schedule 4 (rates of benefits etc) omit Part 2....
The Social Security Contributions and Benefits Act 1992 is amended...
The Social Security Administration Act 1992 is amended as follows....
(1) Section 1 (entitlement to benefit dependent on claim) is...
In section 2A (claim or full entitlement to certain benefits...
(1) Section 3 (late claims for bereavement benefit where death...
In section 5 (regulations about claims for and payments of...
In section 71 (overpayments - general), in subsection (11), after...
In section 121DA (interpretation of Part 6), in subsection (1),...
In section 122B (supply of other government information for fraud...
In section 124 (age, death and marriage), in subsection (1),...
In section 125 (regulations as to notification of deaths), in...
(1) Section 20 (descriptions of contributory benefits) is amended as...
In section 150 (annual up-rating of benefits), in subsection (1),...
(1) Section 163 (general financial arrangements) is amended as follows....
In section 170 (Social Security Advisory Committee), in subsection (5)—...
(1) Section 179 (reciprocal agreements) is amended as follows.
In section 187 (inalienability), in subsection (1), after paragraph (ad)...
In section 191 (interpretation), in the definition of “benefit”, for...
In section 2 of the Social Security Act 1993 (payments...
The Social Security Act 1998 is amended as follows.
In section 2 (use of computers), in subsection (2), after...
(1) Section 8 (decisions by Secretary of State) is amended...
(1) Section 21 (contribution conditions) is amended as follows.
In section 11 (regulations with respect to decisions), in subsection...
In section 27 (restriction on entitlement in cases of error),...
In section 28 (correction of errors in decisions etc), in...
The Social Security Fraud Act 2001 is amended as follows....
In section 6A (definitions), in subsection (1), in the definition...
In section 10 (power to supplement and mitigate loss of...
The Income Tax (Earnings and Pensions) Act 2003 is amended...
In section 660 (taxable benefits: UK benefits - Table A),...
In section 677 (UK social security benefits wholly exempt from...
In section 22 (earnings factors), in subsection (2), after paragraph...
(1) Section 23A (contributions credits for relevant parents and carers)...
For the italic heading above section 36 substitute “ Bereavement...
Section 36 (bereavement payment) is repealed.
Section 36A (cases in which sections 37 to 41 apply)...
(1) The Secretary of State must make regulations with a...
(1) The regulations may make provision with a view to...
(1) The regulations may require any person—
The regulations may— (a) impose or confer other functions on...
(1) The regulations must require the Secretary of State to...
(1) The Secretary of State may by regulations make provision...
(1) In this Schedule— “active member”— in relation to an...
(1) This Schedule applies to a pension scheme managed by...
(1) Regulations under this Schedule may provide that specified provisions...
(1) Regulations under this Schedule may amend or otherwise modify...
Before making any regulations under this Schedule, the Secretary of...
(1) The regulations must require the trustees or managers of...
(1) The Pension Schemes Act 1993 is amended as follows....
In section 256 of the Pensions Act 2004 (no indemnification...
(1) The regulations must require the trustees or managers of...
(1) If the regulations do not include the condition mentioned...
(1) The regulations must require a prescribed person to give...
(1) The regulations must require the trustees or managers of...
(1) The regulations must require the trustees or managers of...
(1) The regulations may provide for the manner in which...
(1) The regulations must make provision about disclosure of information....
(1) The Secretary of State may by regulations make provision—...
In section 256 of the Pensions Act 2004 (no indemnification...
(1) Section 16 of the Pensions Act 2008 (automatic enrolment:...
In consequence of the amendments made by paragraph 11, section...
(1) The Secretary of State may by regulations impose requirements...
(1) The Secretary of State may by regulations make provision...
(1) Expressions used in this Schedule and in Schedule 17...
(1) This Schedule applies to a pension scheme managed by...
(1) The Secretary of State may by regulations provide that...
(1) The Secretary of State may by regulations amend or...
Before making any regulations under this Schedule, the Secretary of...
(1) The Pension Schemes Act 1993 is amended as follows....
The Pensions Act 1995 is amended as follows.
(1) Schedule 2 (Pensions Regulator's reserved regulatory functions) is amended...
In section 6 (removal or suspension of trustees: consequences)—
In section 7 (appointment of trustees), in subsection (1), after...
In section 9 (removal and appointment of trustees: property), after...
The Pensions Act 2004 is amended as follows.
In section 10 (functions exercisable by the Determinations Panel), in...
In section 66 (register of prohibited trustees), in subsection (1),...
In section 96 (Pensions Regulator's regulatory functions: standard procedure), in...
In section 97 (Pensions Regulator's regulatory functions: special procedure), in...
Schedule 7 to the Pensions Act 2004 (pension compensation provisions)...
When working out the annual rate of a person's periodic...
Nothing in this Schedule affects the amount of—
(1) This paragraph applies in relation to a person who...
Section 162(2) of the Pensions Act 2004 is to be...
(1) This paragraph applies in relation to an eligible scheme...
(1) This paragraph applies in relation to an eligible scheme...
For the purposes of this Part of this Schedule an...
Section 126(4) of the Pensions Act 2004 (list of provisions...
In this Schedule “ the commencement date ” means the...
Other expressions used in this Schedule have the same meaning...
In paragraph 26 (the compensation cap), for the definition of...
The inclusion of Parts 3 and 4 of this Schedule...
(1) In relation to a case involving multiple benefits, transitional...
(1) Transitional provision made by order under section 56(8) may,...
After paragraph 26 insert— (1) This paragraph gives the meaning of “ the compensation...
The Pensions Act 2004 is amended as follows.
In section 316(2)(s), for “paragraph 26(7)” substitute “ paragraph 26A(7)...
(1) Schedule 7 is amended as follows.
In paragraph 18(2) of Schedule 5 to the Pensions Act...
(1) This paragraph applies in relation to a person if—...
(1) Nothing in this Schedule affects— (a) periodic compensation for...
Browse 57 other sections — procedural / definitional / commencement
State pension
Entitlement to state pension at full or reduced rate
Full and reduced rates of state pension
Entitlement to state pension at transitional rate
Transitional rate of state pension
Recalculation and backdating of transitional rate in special cases
Survivor's pension based on inheritance of additional old state pension
Choice of lump sum or survivor's pension under section 9 in certain cases
Survivor's pension based on inheritance of deferred old state pension
Inheritance of graduated retirement benefit
Reduced rate elections: effect on section 4 pensions
Reduced rate elections: pension for women with no section 4 pension
Shared state pension on divorce etc
Pension sharing: reduction in the sharer's section 4 pension
Pension sharing: amendments
Pensioner's option to suspend state pension
Effect of pensioner postponing or suspending state pension
Section 17 supplementary: calculating weeks, overseas residents, etc
Prisoners
Overseas residents
“Old state pension”
General definitions etc
Amendments
Abolition of contracting-out for salary related schemes etc
Option to boost old retirement pensions
Increase in pensionable age to 67
Periodic review of rules about pensionable age
State pension credit: phasing out assessed income periods
Preserving indefinite status of certain existing assessed income periods
Bereavement support payment
Bereavement support payment: contribution condition and amendments
Bereavement support payment: prisoners
Automatic transfer of pension benefits
Power to prohibit offer of incentives to transfer pension rights
Expiry of power in section 34
Short service benefit for scheme member with money purchase benefits
Automatic re-enrolment: exceptions where automatic enrolment deferred
Automatic enrolment: powers to create general exceptions
Alternative quality requirements for UK defined benefits schemes
Automatic enrolment: transitional period for hybrid schemes
Penalty notices under sections 40 and 41 of the Pensions Act 2008 etc
Unpaid scheme contributions
Power to restrict charges or impose requirements in relation to schemes
Disclosure of information about transaction costs to members etc
Power to require pension levies to be paid in respect of past periods
Prohibition and suspension orders: directors of corporate trustees
Preparation of guidance for pensions illustrations
Pensions Regulator's objectives
Maximum period between scheme returns to be 5 years for micro schemes
Pension Protection Fund: increased compensation cap for long service
Pension Protection Fund: compensation cap to apply separately to certain benefits
Public service pension schemes: transitional arrangements
Power to make consequential amendments etc
Regulations and orders
Extent
Commencement
Short title
Enforcement and responsible bodies
The regulators that administer or enforce this legislation.
The Pensions Regulator
Regulates workplace pensions, defined benefit schemes, and master trusts. All employers must auto-enrol eligible workers into a workplace pension. Enforces employer duties …
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