Commentary on Sections PART 2 - Simplification Section 80: Revaluation of accrued benefits etc
This section introduces Schedule 1 which 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 amended revaluation arrangements do not apply to revaluation periods ending before the section comes into operation.