SCHEDULES

SCHEDULE 2 Pensions: miscellaneous amendments

Effect of certain orders on guaranteed minimum pensions

6

In section 47 of the Pension Schemes Act 1993 (entitlement to guaranteed minimum pension for the purposes of the relationship with social security benefits), after subsection (6) (which is inserted by section 32(4) of this Act) add—

“(7)

For the purposes of section 46, a person shall be treated as entitled to any guaranteed minimum pension to which he would have been entitled but for any order under section 342A of the M1Insolvency Act 1986 (recovery of excessive pension contributions) or under section 36A of the M2Bankruptcy (Scotland) Act 1985.”