99 Interpretation of Part
Pensions Act 2008 (2008 c 30) | Legislation

General

99  Interpretation of Part

In this Part—

“active member”—

(a)     in relation to an occupational pension scheme, means a person who is in pensionable service under the scheme;

(b)     in relation to a personal pension scheme, means a jobholder in relation to whom there is an agreement within section 26(4) between the provider of the scheme and the employer or (where section 9 applies) a worker in relation to whom there are direct payment arrangements (within the meaning of section 111A of the Pension Schemes Act 1993 (c 48)) between the worker and the employer;

“automatic enrolment scheme” is to be read in accordance with section 3(8);

“average salary benefits” means benefits the rate or amount of which is calculated by reference to the average salary of a member over the period of service on which the benefits are based;

[“collective money

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