Version Superseded: 06/04/1997
Point in time view as at 01/06/1996.
Pension Schemes Act 1993, Cross Heading: Preliminary is up to date with all changes known to be in force on or before 03 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
This Chapter has effect for the purpose—
(a)of reducing the rates at which certain national insurance contributions are payable by or in respect of earners whose employment is contracted-out by reference to contracted-out occupational pension schemes;
(b)of providing for contributions to be paid by the Secretary of State in respect of earners who are members of [F1money purchase contracted-out schemes and members of ]appropriate personal pension schemes; and
(c)of making provision concerning the payment of certain social security benefits payable in respect of members and former members of such schemes.
Textual Amendments
F1Words in s. 40(b) inserted (13.3.1996 for specified purposes, 6.4.1996 for specified purposes) by Pensions Act 1995 (c. 26), ss. 137(1), 180(1); S.I. 1996/778, art. 2(1)(5)(a), Sch. Pts. 1, 5
Commencement Information
I1Ss. 1-187 in force at 7.2.1994 by S.I. 1994/86, art. 2
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