M
Member
Speaking in the House of Lords on 23 March 2026
Debate
Pension Schemes BillContribution
127: Clause 108, page 124, line 24, leave out paragraph (h) and insert—
“(h) in paragraph (9), for the definition of “post-1997 service” substitute—““GMP equalisation obligation” has the same meaning as in paragraph 28 of Schedule 7 to the Pensions Act 2004 (annual increase in periodic pension compensation);“GMP indexation period” means the period beginning with 6 April 1988 and ending with 5 April 1997;“guaranteed minimum pension” has the same meaning as in the Pension Schemes Act 1993 (see section 8(2) of that Act);“post-1997 service” , “pre-1997 service” and “GMP indexed service” have the same meaning as in paragraph 28 of Schedule 7 to the Pensions Act 2004;“the assessment date” and “admissible rules”, in relation to a pension scheme, have the same meaning as in that Schedule (see paragraphs 2 and 35 of that Schedule);”.”Member's explanatory statement
This amendment is consequential on the amendment to this clause in my name at page 120, line 40 and inserts a missed definition.
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