1 . Section 8(2) shall have effect as if for the definition of “guaranteed minimum pension" there were substituted—
[F1“guaranteed minimum pension” means any pension which is provided—
by a scheme that was a salary-related contracted-out scheme in accordance with the requirements of sections 13 and 17; or
by a salary-related scheme in compliance with the condition set out in paragraph 1 or 6 of Schedule 1 to the Contracting-out (Transfer and Transfer Payment) Regulations 1996 (or, as the case may be, in paragraph 1 or 5 of Schedule 2 to the Contracting-out (Transfer) Regulations 1985),
to the extent to which its weekly rate is equal to the earner’s or, as the case may be, the earner’s widow’s, widower’s or surviving same sex spouse’s or surviving civil partner’s guaranteed minimum, as determined for the purposes of those sections or, as the case may be, conditions;]
Textual Amendments
F1Words in Sch. 2 para. 1 substituted (6.4.2018) by The Contracting-out (Transfer and Transfer Payment) (Amendment) Regulations 2018 (S.I. 2018/234), regs. 1, 2(8)(a)