SCHEDULES
SCHEDULE 7ADDITIONAL PENSION: CONSEQUENTIAL AMENDMENTS
The Pension Schemes (Northern Ireland) Act 1993 (c. 49)
8
1
Section 4 (meaning of “contracted-out employment” etc.) is amended as follows.
2
In subsection (2), in the definition of “minimum payment”, for “the current upper earnings limit” substitute “
the applicable limit
”
.
3
After that subsection insert—
2A
In subsection (2) “the applicable limit” means—
a
in relation to a tax year before 2009–10, the upper earnings limit;
b
in relation to 2009–10 or any subsequent tax year, the upper accrual point.