SCHEDULES
SCHEDULE 6Statements of benefits: money purchase benefits F1and cash balance benefits
Annotations:
Amendments (Textual)
PART 2Pension illustration
8
1
The assumptions are—
a
where the calculation relates to the rights of a non-contributing member, that no contributions will be made to the scheme by the member, or on the member's behalf, after the illustration date, or
b
in any other case, that until the member's retirement date—
i
contributions to the scheme will be made by the member or on the member's behalf, and
ii
the scheme will maintain its tax registration under section 153 of the Finance Act 2004.
2
In this paragraph “non-contributing member” means a member in respect of whom no further contributions to the scheme are due or expected after the illustration date.
Words in Sch. 6 heading inserted (24.7.2014) by The Pensions Act 2011 (Transitional, Consequential and Supplementary Provisions) Regulations 2014 (S.I. 2014/1711), regs. 1(1), 79(7) (with regs. 6, 41, 44(1), 47(1), 69(2), 72(1), 76(1)); coming into force immediately after s. 29 of 2011 c 19 - see S.I. 2014/1683, art. 2