SCHEDULES

SCHEDULE 7 N.I.Information to be given by schemes that relates to accessing benefits [F1 and to benefit adjustments]

Textual Amendments

F1 Words in Sch. 7 heading inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) (Modifications and Consequential and Miscellaneous Amendments) Regulations (Northern Ireland) 2022 (S.R. 2022/192), regs. 1(1), 13(17)(a)

[F2 PART 4 N.I.Information to be given by collective money purchase schemes about benefit adjustments

Textual Amendments

F2 Sch. 7 Pt. 4 paras. 15-27 added (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) (Modifications and Consequential and Miscellaneous Amendments) Regulations (Northern Ireland) 2022 (S.R. 2022/192), regs. 1(1), 13(17)(d)

16.   Where benefit is payable to the person— N.I.

(a) the amount of benefit that is payable;

(b) the period for which that amount applies;

(c) except where information under this paragraph is provided to the person for the first time—

(i) any adjustment to the amount of benefit payable from the previous year, both in monetary terms and as a percentage increase or decrease;

(ii) an explanation of why the amount of benefit payable has been adjusted or, as the case may be, remained the same, and

(d) an explanation of when an adjustment in the amount of benefit payable may next occur.]