Pensions Act, 1990

Entitlement to preserved benefit.

28.—(1) Subject to section 37 , this Part and the Second Schedule shall apply to any member of a scheme who has service in relevant employment after the commencement of this Part.

(2) A member of a scheme whose service in relevant employment terminates otherwise than on death after the commencement of this Part but before normal pensionable age and who has completed at least 5 years' qualifying service of which at least 2 such years fall after the commencement of this Part, shall be entitled to a benefit (in this Act referred to as a “preserved benefit”).