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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 2 April 1993 - onwards

45. Calculation of preserved benefit.

Section 37 of the Pensions Act is hereby amended by the insertion after subsection (4) of the following subsection:

"(4A) Regulations may specify the method of calculating preserved benefit payable under schemes where on termination of relevant employment a member has periods of reckonable service in more than one scheme relating to the same employment.".