Search Legislation

Pension Schemes (Conversion Of Guaranteed Minimum Pensions) Act 2022

Overview of the Act

  1. The Act amends provisions in the Pension Schemes Act 1993, the Pension Schemes (Northern Ireland) Act 1993, the Pensions Act 2007 and the Pensions Act (Northern Ireland) 2008 which allow occupational pension schemes to convert Guaranteed Minimum Pension (GMP) benefits into other scheme benefits. The amendments simplify and clarify how these provisions operate.

Back to top