Pensions Act (Northern Ireland) 2008 No. 1

SCHEDULES

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

PART 1 AMENDMENTS HAVING EFFECT AS FROM ABOLITION DATE

The Welfare Reform and Pensions (Northern Ireland) Order 1999 (NI 11)

37.  In Article 3 of the Welfare Reform and Pensions (Northern Ireland) Order 1999 (meaning of “stakeholder pension scheme”)—

(a) in paragraph (1) in sub-paragraph (a) for “to (10)” substitute “to (9)”;

(b) omit paragraph (10) (stakeholder pension scheme must be contracted-out).