Propose a change

Pensions Act 1995

Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.

Change 1

What to do with it
As published

88 Schedules of payments to money purchase schemes: supplementary.

(1) Where, in the case of an occupational pension scheme to which section 87 applies— (a) there is a failure to pay on or before the due date any amounts payable in accordance with the payment schedule, and (b) the trustees or managers have reasonable cause to believe that the failure is likely to be of material significance in the exercise by the Authority of any of their functions, they must, except in prescribed circumstances, give notice of the failure to the Authority and to the members of the scheme within a reasonable period after the due date. (2) Any such amounts which for the time being remain unpaid after that date (whether payable by the employer or not) shall, if not a debt due from the employer to the trustees or managers apart from this subsection, be treated as such a debt. (3) Where any amounts payable in accordance with the payment schedule by or on behalf of the employer on the employer’s own account have not been paid on or before the due date, section 10 applies to the employer. (4) If, in the case of an occupational pension scheme to which section 87 applies, subsection (1) is not complied with— (a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (b) section 10 applies to any trustee or manager who has failed to take all such steps.

Your change, as a redline

88 Schedules of payments to money purchase schemes: supplementary.

(1) Where, in the case of an occupational pension scheme to which section 87 applies— (a) there is a failure to pay on or before the due date any amounts payable in accordance with the payment schedule, and (b) the trustees or managers have reasonable cause to believe that the failure is likely to be of material significance in the exercise by the Authority of any of their functions, they must, except in prescribed circumstances, give notice of the failure to the Authority and to the members of the scheme within a reasonable period after the due date. (2) Any such amounts which for the time being remain unpaid after that date (whether payable by the employer or not) shall, if not a debt due from the employer to the trustees or managers apart from this subsection, be treated as such a debt. (3) Where any amounts payable in accordance with the payment schedule by or on behalf of the employer on the employer’s own account have not been paid on or before the due date, section 10 applies to the employer. (4) If, in the case of an occupational pension scheme to which section 87 applies, subsection (1) is not complied with— (a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (b) section 10 applies to any trustee or manager who has failed to take all such steps.

One line that says what changes, such as "Halve the dog tax".

Who it helps, what it costs, what it fixes. It is what persuades people to support it.

A proposal here is not law. Support on Solon is evidence that people want the change; the official route says what it takes to make it law.

Sign in to file your proposal. What you have written stays on this page.

Sign in to file it

Think it through

Ask what your change would do, who would gain and who would bear a cost, and where something like it is already law. The assistant reads your draft as it stands, cites the law and the studies it finds, and takes no side. What you file stays yours.

Questions to start with
Think it through
Legal information from the published text, not advice for your case. Check the sources. Find a law · What the register holds