SCHEDULES

SCHEDULE 13ABOLOTION OF CONTRACTING-OUT FOR SALARY RELATED SCHEMES

PART 2OTHER STATUTORY PROVISIONS: AMENDMENTS

The Pensions (Northern Ireland) Order 1995 (NI 22)

I158

1

Article 51 (annual increase in rate of pension) is amended as follows.

2

For “the appointed day” (in each place) substitute “ 6 April 1997 ”.

3

For paragraph (8) substitute—

8

An occupational pension scheme is a “relevant occupational pension scheme” if—

a

it has not, at any time on or after 6 April 1997, been a salary related contracted-out scheme (see section 3B of the Pension Schemes Act), or

b

it has, at any time on or after 6 April 1997, been a salary related contracted-out scheme but no person is entitled to receive, or has accrued rights to, benefits under the scheme attributable to a period on or after that day when it was such a scheme.