Also known as the pensions cap. Now repealed, a limit on the amount of remuneration by reference to which contributions to, and benefits from, tax approved pension schemes were calculated. The cap generally applied to people who contributed to a personal pension scheme, joined an occupational scheme set up since 14 March 1989, joined any occupational scheme from 1 June 1989 which was set up before 14 March 1989, or contributed to a stakeholder pension scheme. The earnings cap was repealed by the Finance Act 2004, although transitional provisions enabled schemes to keep it in place until 5 April 2011.