Part 3Occupational pension schemes

Miscellaneous

27Technical amendment to Schedule 4 to the Pensions Act 2007

In Schedule 4 to the Pensions Act 2007 (abolition of contracting-out for defined contribution pension schemes) in paragraph 60(4) for paragraphs (b) and (c) substitute—

“(b)

in the definition of “the percentage for contributing earners”—

(i)

omit the words “(a) in relation to a salary related contracted-out scheme,”;

(ii)

omit paragraph (b) and the preceding “and”;

(c)

in the definition of “the percentage for non-contributing earners”—

(i)

omit the words “(a) in relation to a salary related contracted-out scheme,”;

(ii)

omit paragraph (b) and the preceding “and”.”