Name: | Pensions Act 2011 (c. 19). |
Country: | United Kingdom |
Subject(s): | Old-age, invalidity and survivors benefit |
Type of legislation: | Law, Act |
Adopted on: | 2011-11-03 |
Entry into force: | |
ISN: | GBR-2011-L-88461 |
Link: | https://www.ilo.org/dyn/natlex/natlex4.detail?p_isn=88461&p_lang=en |
Bibliography: | Legislation on-line ![]() ![]() |
Abstract/Citation: | PART 1 - STATE PENSION 1. Equalisation of and increase in pensionable age for men and women 2. Abolition of certain additions to the state pension 3. Consolidation of additional pension PART 2 - AUTOMATIC ENROLMENT 4. Automatic re-enrolment where scheme membership interrupted 5. Earnings trigger for automatic enrolment and re-enrolment 6. Postponement or disapplication of automatic enrolment 7. Timing of automatic re-enrolment 8. Review of earnings trigger and qualifying earnings band 9. Rounded figures for earnings trigger and qualifying earnings band 10. Qualifying schemes: administration charges 11. Test scheme standard for schemes that produce sum of money for provision of benefits 12. Certification that alternative to quality requirement is satisfied 13. Certification for non-UK schemes 14. Transitional period for defined benefits and hybrid schemes to be optional 15. Arrangements where transitional conditions cease to be satisfied 16. Power of managers to modify by resolution 17. No indemnification for civil penalties 18. Power to exempt certain cross-border employment from enrolment duty PART 3 - OCCUPATIONAL PENSION SCHEMES Indexation and revaluation 19. Indexation and revaluation 20. Pension compensation: annual increases in periodic compensation 21. Indexation requirements for cash balance benefits Pension Protection Fund 22. Pension Protection Fund Financial assistance scheme 23. Financial assistance scheme: amount of payments 24. Financial assistance scheme: transfer of assets Miscellaneous 25. Payment of surplus to employer: transitional power to amend scheme 26. Contribution notices and financial support directions 27. Technical amendment to Schedule 4 to the Pensions Act 2007 28. Technical amendment to section 42(6) of the Pension Schemes Act 1993 PART 4 - MONEY PURCHASE BENEFITS 29 Definition of money purchase benefits 30 Transitional 31 Consequential and supplementary 32 Power to make further provision 33 Regulations PART 5 - JUDICIAL PENSIONS 34. Contributions towards cost of judicial pensions etc PART 6 - MISCELLANEOUS AND GENERAL Miscellaneous 35. Grants by the Secretary of State to advisory bodies etc 36. Service of documents and electronic working General 37. Extent 38. Commencement 39. Short title Schedule 1 - Equalisation of and increase in pensionable age for men and women: consequential amendments Schedule 2 - Abolition of certain additions to the state pension: consequential amendments etc Schedule 3 - Consolidation of additional pension Schedule 4 - Pension Protection Fund Schedule 5 - Contributions towards cost of judicial pensions etc. Part 1 - Contributions towards cost of judicial pensions Part 2 - Minor amendments relating to judicial pensions Also amends the following Acts - Judicial Pensions Act 1981 - Sheriffs' Pensions (Scotland) Act 1961 (c. 42) |
Amended text(s): |