Schedule 9: Independent System Operator and Planner: transfers Schedule 10: Independent System Operator and Planner: pensions Amendment of qualifying pension schemes
The Secretary of State may make regulations to amend a pension scheme, including retrospectively, related to the initial establishment of the ISOP or the making of a transfer scheme under paragraph 1 of Schedule 1. This can include provisions to determine the amount of benefits payable by reference to pensionable service and provisions to allow members to become members of another scheme when a pension scheme is divided into different sections. Any such changes are subject to consultation with the relevant scheme employers and pension scheme trustees.