SCHEDULES

SCHEDULE 13Abolition of contracting-out for salary related schemes

Part 1Pension Schemes Act 1993: amendments

I138

In section 87 (general protection principle), in subsection (1)(a), for sub-paragraph (i) substitute—

i

the date (“the cessation date”) which is the earlier of—

a

the date on which an earner ceases to be in pensionable service under a scheme that was, before the second abolition date, a salary related contracted-out scheme; and

b

the date on which the earner attains pensionable age;