{
  "url": "https://openlegislation.uk/occupational-pension-schemes-contracting-out-and-modification-of-schemes-amendment-regulations-2012/regulation-2",
  "json_url": "https://openlegislation.uk/occupational-pension-schemes-contracting-out-and-modification-of-schemes-amendment-regulations-2012/regulation-2.json",
  "legislation": "uksi/2012/542",
  "legislation_title": "The Occupational Pension Schemes (Contracting-out and Modification of Schemes) (Amendment) Regulations 2012",
  "legislation_url": "https://openlegislation.uk/occupational-pension-schemes-contracting-out-and-modification-of-schemes-amendment-regulations-2012",
  "path": "regulation/2",
  "kind": "regulation",
  "number": "2",
  "heading": "Amendment of the Occupational Pension Schemes (Contracting-out) Regulations 1996",
  "text": "(1) The Occupational Pension Schemes (Contracting-out) Regulations 1996 are amended as follows.\n(2) In regulation 62(2) (fixed rate revaluation of guaranteed minimum pensions for early leavers)—\n(a) in sub-paragraph (f), for “6th April 2007, 4 per cent.” substitute “6th April 2007 but before 6th April 2012, 4 per cent.”, and\n(b) after sub-paragraph (f) add—\n“(g) where that period of service terminates on or after 6th April 2012, 4.75 per cent. compound.”.\n(3) In Schedule 3 (further requirements for meeting the statutory standard), in paragraph 4(a) and (b), for “scheme” substitute “trustees or managers of the scheme”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "S.I. 1996/1172."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "Regulation 62(2) was amended by S.I. 2002/681 and 2007/814."
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "Schedule 3 was added by S.I. 2011/1294."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2012/542/regulation/2",
    "retrieved_at": "2026-10-29T01:39:57.393690+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}