Amendment of the Occupational Pension Schemes (Schemes that were Contracted-out) (No. 2) Regulations 20153

1

The Occupational Pension Schemes (Schemes that were Contracted-out) (No. 2) Regulations 20157 are amended as follows.

2

In regulation 2(1) (interpretation), in the definition of “section 9(2B) rights”—

a

for paragraph (a) substitute—

a

rights to the payment of pensions and accrued rights to pensions (other than rights attributable to voluntary contributions)—

i

under a scheme that was a salary-related contracted-out scheme, or

ii

under a salary-related scheme, as defined in regulation 1(2) of the Contracting-out (Transfer and Transfer Payment) Regulations 1996, that has never been a contracted-out scheme, following a transfer in accordance with regulation 9 of those Regulations,

so far as attributable to an earner’s service in contracted-out employment on or after 6th April 1997; and

b

in paragraph (b)(i), for “another scheme that was a salary-related contracted-out scheme” substitute “another salary-related scheme”.