# Pensions Act 1995, Paragraph 63


In section 96 (right to cash equivalent: exercise of options)—
(a) in subsection (2)(a), after “guaranteed minimum pensions” there is inserted “ his accrued rights so far as attributable to service in contracted-out employment on or after the principal appointed day ”, and
(b) in subsection (3)(a), for “guaranteed minimum pensions” there is substituted “ pensions, being guaranteed minimum pensions or pensions so far as attributable to service in contracted-out employment on or after the principal appointed day ”.

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Source: https://www.legislation.gov.uk/ukpga/1995/26/schedule/5/paragraph/63 (the official version)
Page: https://openlegislation.uk/pensions-act-1995/schedule-5/paragraph-63
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.