Pensions Act 2014 (c. 19)

SCHEDULES

SCHEDULE 13 Abolition of contracting-out for salary related schemes

Part 1 Pension Schemes Act 1993: amendments

38 In section 87 (general protection principle), in subsection (1)(a), for sub-paragraph (i) substitute—

“(i) the date (“the cessation date”) which is the earlier of—

(a) the date on which an earner ceases to be in pensionable service under a scheme that was, before the second abolition date, a salary related contracted-out scheme; and

(b) the date on which the earner attains pensionable age;”.