# The Occupational Pension Schemes (Contracting-out and Modification of Schemes) (Amendment) Regulations 2012, Regulation 2: Amendment of the Occupational Pension Schemes (Contracting-out) Regulations 1996


(1) The Occupational Pension Schemes (Contracting-out) Regulations 1996 are amended as follows.
(2) In regulation 62(2) (fixed rate revaluation of guaranteed minimum pensions for early leavers)—
(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
(b) after sub-paragraph (f) add—
“(g) where that period of service terminates on or after 6th April 2012, 4.75 per cent. compound.”.
(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”.

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Source: https://www.legislation.gov.uk/uksi/2012/542/regulation/2 (the official version)
Page: https://openlegislation.uk/occupational-pension-schemes-contracting-out-and-modification-of-schemes-amendment-regulations-2012/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.