The Occupational Pension Schemes (Schemes that were Contracted-out) (No.2) Regulations 2015

Saving of provisions relating to the revaluation of Guaranteed Minimum Pensions

This section has no associated Explanatory Memorandum

32.  Regulations 62 (fixed rate revaluation of guaranteed minimum pensions for early leavers), 65 (modification of section 16 of the 1993 Act) and 66 (circumstances in which the modifications in regulation 65 apply) of the 1996 Regulations are saved for the purposes of an earner whose service in contracted-out employment ended before the second abolition date.