Regulation 2 Amendment of the Occupational Pension Schemes (Schemes that were Contracted-out) (No. 2) Regulations 2015

(1)

The Occupational Pension Schemes (Schemes that were Contracted-out) (No. 2) Regulations 2015^f1 are amended as follows.

(2)

In regulation 24(2) (fixed rate revaluation of guaranteed minimum pensions for early leavers)^f2—

(a)

in sub-paragraph (b), after “2017” omit the full stop and insert “but before 6th April 2022;”;

(b)

after sub-paragraph (b) insert—

“(c)
3.25 per cent compound, where the period of pensionable service under the scheme terminates on or after 6th April 2022.”.

Annotations