OpenLegislation

Paragraph 7A Protection of increases in guaranteed minimum pensions after abolition of contracting-outF1

(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) (general protection principle), the reference to the time when P ceases to be in pensionable service under a scheme that was, before the second abolition date, a salary-related contracted-out scheme is to be taken as a reference to the time when P ceases to be in pensionable service in relation to this scheme; and

(b)

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

Annotations

Textual amendments

F1

Sch. 3 para. 7A inserted (6.4.2016) by The Judicial Pensions (Amendment) Regulations (Northern Ireland) 2016 (S.R. 2016/138), regs. 1, 2