Part 3Occupational Pension Schemes

Miscellaneous

25Technical amendment to Schedule 4 to the Pensions Act (Northern Ireland) 2008

In Schedule 4 to the Pensions Act (Northern Ireland) 2008 (abolition of contracting-out for defined contribution pension schemes) in paragraph 59(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”.