M
Member
Speaking in the House of Lords on 5 February 2026
Debate
Pension Schemes BillContribution
192: Clause 110, page 141, line 3, at end insert
“, or
(iii) included such a requirement but that requirement did not apply in relation to pre-1997 service in respect of which the annual payment is payable.”Member’s explanatory statement
This amendment makes clear that sub-paragraph (2B) of paragraph 6 of Schedule 3 to the Financial Assistance Scheme Regulations 2005 (inserted by this clause) applies also to a case where a pension scheme required pre-1997 indexation but that requirement did not apply in relation to pre-1997 service in respect of which the financial assistance is payable.
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