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The Social Security (Minimum Contributions to Appropriate Personal Pension Schemes) Order (Northern Ireland) 1996
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- 1996 No. 151
- Explanatory Note
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Explanatory Note
(This note is not part of the Order.)
This Order, which corresponds to an Order (S.I. 1996/1056) made by the Secretary of State for Social Security under section 45A of the Pension Schemes Act 1993, specifies with effect from 6th April 1997 the appropriate age-related percentages of earnings payable as minimum contributions in respect of members of appropriate personal pension schemes.
Section 41A of the Pension Schemes (Northern Ireland) Act 1993, the enabling provision under which this Order is made, was inserted by Article 135(5) of the Pensions (Northern Ireland) Order 1995. The Pensions (1995 Order) (Commencement No. 2) Order (Northern Ireland) 1996 (S.R. 1996 No. 91 (C. 4)) provides for the coming into operation of Article 135(5) on 14th March 1996 for the purpose only of authorising the making of orders.
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