Regulation 9 Protection of increases in guaranteed minimum pensions

(1)

Chapter 3 of Part 4 of the 1993 Act (protection for early leavers: protection of increases in guaranteed minimum pensions (“anti-franking”)) is modified as follows.

(2)

In the application of that Chapter to P as a member of the old scheme—

(a)

in section 83(1)(a)(i)^f1 (general protection principle), the reference to the time when P ceases to be in contracted-out employment by reference to the old scheme is to be taken as a reference to the time when P ceases to be in employment which is contracted-out by reference to the new scheme; and

(b)

subsequent references to “the cessation date” are to be construed accordingly.

Annotations

Footnotes

f1: 1993 c.49. Section 83 was amended by section 13(3) (a) of, and paragraph 28 of Schedule 4 to, the Pensions Act (Northern Ireland) 2008 (c.1 (N.I.)).