31 Reduction of benefit
Welfare Reform and Pensions Act 1999 (1999 c 30) | Legislation

Pension debits

31  Reduction of benefit

(1)     Subject to subsection (2), where a person's shareable rights under a pension arrangement are subject to a pension debit, each benefit or future benefit—

(a)     to which he is entitled under the arrangement by virtue of those rights, and

(b)     which is a qualifying benefit,

is reduced by the appropriate percentage.

(2)     Where a pension debit relates to the shareable rights under an occupational

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