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Part IIISalary Related Contracted-out Schemes

Further contracting-out conditions for salary related contracted-out schemes

17.  A scheme may be contracted out in relation to the employment of an earner under section 5(2) of the Act (requirements for certification of a salary related contracted-out scheme) only if, in relation to an earner’s service on or after the principal appointed day, in addition to satisfying the conditions required by section 5(2B)(a) and (b) of the Act(1), it also satisfies the requirements of regulations 18 to 22.

(1)

Section 5(2B) was substituted by Article 133(3) of the Pensions (Northern Ireland) Order 1995