The Pensions Act 2011 (Transitional, Consequential and Supplementary Provisions) Regulations 2014
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
73 Modification of the Occupational Pension Schemes (Equal Treatment) Regulations 1995
(1) Regulation 15 of the Occupational Pension Schemes (Equal Treatment) Regulations 1995 (exceptions to the equal treatment rule: use of actuarial factors which differ for men and women) has effect in relation to periods before 1st October 2010 as if for paragraph (2)(c) there were substituted— (c) a pension derived from money purchase benefits within the meaning of section 181(1) of the Pension Schemes Act 1993; . (2) Where the conditions specified in paragraph (3) are satisfied, regulation 15 of those Regulations has effect as if after paragraph (2)(c) there were inserted— (ca) a pension derived from cash balance benefits within the meaning of regulation 2 of the Pensions Act 2011 (Transitional, Consequential and Supplementary Provisions) Regulations 2014; . (3) The conditions specified in this paragraph are that before 1st October 2010 the trustees or managers of the scheme— (a) treated cash balance benefits as if they were money purchase benefits; and (b) applied different actuarial factors for men and for women in determining the rate of a pension derived from those benefits.
73 Modification of the Occupational Pension Schemes (Equal Treatment) Regulations 1995
(1) Regulation 15 of the Occupational Pension Schemes (Equal Treatment) Regulations 1995 (exceptions to the equal treatment rule: use of actuarial factors which differ for men and women) has effect in relation to periods before 1st October 2010 as if for paragraph (2)(c) there were substituted— (c) a pension derived from money purchase benefits within the meaning of section 181(1) of the Pension Schemes Act 1993; . (2) Where the conditions specified in paragraph (3) are satisfied, regulation 15 of those Regulations has effect as if after paragraph (2)(c) there were inserted— (ca) a pension derived from cash balance benefits within the meaning of regulation 2 of the Pensions Act 2011 (Transitional, Consequential and Supplementary Provisions) Regulations 2014; . (3) The conditions specified in this paragraph are that before 1st October 2010 the trustees or managers of the scheme— (a) treated cash balance benefits as if they were money purchase benefits; and (b) applied different actuarial factors for men and for women in determining the rate of a pension derived from those benefits.
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.
How this law is officially changed
Solon does not know this law's official route yet. The proposal is recorded all the same, and the route appears here once its source is added.
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 itThink 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.