SCHEDULES

SCHEDULE 4ABOLITION OF CONTRACTING-OUT FOR DEFINED CONTRIBUTION PENSION SCHEMES

PART 1AMENDMENTS HAVING EFFECT AS FROM ABOLITION DATE

The Pensions (Northern Ireland) Order 1995 (NI 22)

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1

Article 146 of the Pensions Order (hybrid occupational pension schemes) is amended as follows.

2

In paragraph (1) (regulations may make provision for hybrid schemes to be treated as two contracted-out schemes) for “sections 5 and 8” substitute “ section 5 ”.

3

In sub-paragraph (b) of that paragraph for “section 5(3)” substitute “ the requirements mentioned in section 21A(3) ”.