Section 117D(2)

“The best interests test”, in relation to a unilateral change, is that it is reasonably likely that effecting it will achieve— than the relevant alternative action or, where there is more than one alternative action, each of them. a better outcome for the directly affected members of the scheme (taken as a whole), and no worse an outcome for the other members of the scheme (taken as a whole),

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Source: legislation.gov.uk · retrieved 2026-09-04