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5.—(1) Part K (contracting-out) is amended as follows.
(2) After paragraph (3)(c) of regulation K1 (contracting-out conditions to be overriding), add—
“(ca)“guaranteed minimum pension age” means age 65 in the case of a man or age 60 in the case of a woman;”.
(3) For “State pension age” substitute “guaranteed minimum pension age”, in—
(a)paragraphs (2) and (7)(a) of regulation K2 (guaranteed minimum pensions),
(b)regulation K3 (late retirement),
(c)paragraph (1) of regulation K4 (early leavers) (three times),
(d)paragraphs (1), (2) and (3) of regulation K5 (guaranteed minimum pensions transferred to this Section of the scheme).
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