Paragraph 6 Duty to provide relevant pension scheme

(1)

The employer of one or more protected employees shall at all times provide for the protected employees in his employment a relevant pension scheme and shall enable each such protected employee to participate in that scheme in order to accrue future pension rights.

(2)

If a transfer payment is made to a relevant pension scheme in respect of the accrued pension rights of a protected person, the employer providing that scheme shall procure that the rules of that scheme secure for that person in respect of that payment–

(a)

in so far as the accrued pension rights are or are in respect of rights to which immediately before the transfer date the protected person was entitled under the rules of the Fund, pension rights which are no worse than those accrued pension rights;

(b)

in so far as the accrued pension rights are or are in respect of rights which he has since the transfer date accrued pursuant to the provisions of this Schedule, pension rights which are no worse than the pension rights so far accrued.