Amendment of the Occupational Pension Schemes (Contracting-out) Regulations
This section has no associated Explanatory Memorandum
2. In regulation 62(2) of the Occupational Pension Schemes (Contracting-out) Regulations (Northern Ireland) 1996(1) (fixed rate revaluation of guaranteed minimum pensions for early leavers)—
(a)in sub-paragraph (f) after “6th April 2007” insert “but before 6th April 2012”;
(b)after sub-paragraph (f) add—
“(g)where that period of service terminates on or after 6th April 2012, 4.75 per cent. compound.”.
(1)
S.R. 1996 No. 493; regulation 62(2) was amended by regulation 2(14) of S.R 2002 No. 109 and regulation 4(3) of S.R. 2007 No. 185