The Occupational Pension Schemes (Contracting-out) (Amount Required for Restoring State Scheme Rights and Miscellaneous Amendment) Regulations 1998
S.I. 1998/1397 · Made 4 June 1998 · Extends to United Kingdom
PENSIONS
Made 4th June 1998
Laid before Parliament 11th June 1998
Coming into force 6th July 1998
The Secretary of State for Social Security, in exercise of the powers conferred by section 181(1) and (4) of, and paragraph 5(3C)(c) of Schedule 2 to, the Pension Schemes Act 1993M1, and of all other powers enabling her in that behalf, having consulted such persons as she considers appropriateM2, hereby makes the following Regulations:
Annotations to the whole text
Marginal citations
- M1
1993 c.48; paragraph 5(3C) of Schedule 2 was inserted by section 141(2) of the Pensions Act 1995 (c.26); section 181(1) is cited for the meaning it gives to “prescribe" and “regulations".
- M2
See section 185(1) of the Pension Schemes Act 1993, as amended by paragraph 46 of Schedule 3 and paragraph 80 of Schedule 5 to the Pensions Act 1995.
Contents
- 1Citation, commencement and interpretation
- 2Determination of the amount required for restoring State scheme rights
- 3Method of calculation where no election to pay a contributions equivalent premium may be made
- 4Market Level Indicator
- 5Amendment of the Occupational Pension Schemes (Contracting-out) Regulations 1996
- Signature
- Schedule 1
- Paragraph
- Schedule 2Schedule 2
- Explanatory note