2 Qualifying benefits
Pension Schemes Act 2021 (2021 c 1) | Legislation

2  Qualifying benefits

(1)     A benefit provided under a pension scheme is a “qualifying benefit” if—

(a)     the benefit is provided out of the available assets of the scheme,

(b)     under the rules of the scheme, the rate or amount of the benefit is subject to periodic adjustments designed to achieve a balance between the value of the available

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