SCHEDULES

SCHEDULE 4Abolition of contracting-out for defined contribution pension schemes

Part 2Further amendments

Social Security Contributions and Benefits Act 1992 (c. 4)

I142

I21

Section 4C of the SSCBA (power to make provision in consequence of provision made by or by virtue of section 4B(2) etc.) is amended as follows.

I32

In subsection (2) (purposes for which regulations may be made) omit paragraph (d) (purposes relating to minimum payments).

3

In subsection (5) (matters in respect of which regulations may have retrospective effect)—

a

in paragraph (b) (amount of rebate under section 41(1D) or 42A(2C) of the Pension Schemes Act 1993 (c. 48)) omit “or 42A(2C)”;

I3b

omit paragraphs (g) and (h) (liability to make, and amount of, minimum payments);

c

omit paragraphs (i) and (j) (liability to make, and amount of, payments under section 42A(3) of that Act or minimum contributions).