Schedule 1: The trustee corporation Part 2: Simplification Section 101: Revaluation of accrued benefits etc
238.This section amends the method of revaluing the accrued pension benefits of deferred members in certain occupational pension schemes and also amends related arrangements applying to pension compensation payable by the Pension Protection Fund. The details of the amended provisions are set out in Schedule 2.
239.The amended revaluation arrangements do not apply to revaluation periods ending before the section becomes operational.