SCHEDULES

SCHEDULE 6Statements of benefits: money purchase benefits F1and cash balance benefits

Annotations:
Amendments (Textual)

PART 2Pension illustration

I17

1

The amount referred to in paragraph 6 must be calculated—

a

by reference to—

i

the relevant guidance, and

ii

the assumptions listed in paragraph 8;

b

having regard to the value of the member’s accrued rights to money purchase benefits under the scheme on the illustration date.

2

For the purposes of paragraph 6, the calculation of the amount of the pension may take account of a lump sum.