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Pensions (No. 2) Act (Northern Ireland) 2008

Section 79: Abolition of safeguarded rights

Where, on divorce or dissolution of a civil partnership, rights to a pension are shared and those rights include contracted-out rights, the law as it stands treats the contracted-out rights in a different way from the other shared rights. They are known as “safeguarded rights” and are subject to various restrictions. Section 79 abolishes these restrictions. Shared rights that derive from contracted-out rights will in future be treated in the same way as other shared rights.

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Text created by the Northern Ireland Assembly department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes accompany all Acts of the Northern Ireland Assembly.

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