8 Meaning of “contracted-out employment”, “guaranteed minimum pension” and “minimum payment”
Pension Schemes Act 1993 (1993 c 48) | Legislation

8  Meaning of “contracted-out employment”, “guaranteed minimum pension” and “minimum payment”

[(1)     In relation to any period before the second abolition date, the employment of an earner in employed earner's employment was “contracted-out employment” in relation to the earner during that period if—

(a)     the earner was under pensionable age;

(b)     the earner's service in the employment was service which qualified the earner for a pension provided by a salary related contracted-out scheme; and

(c)     there was in force a contracting-out certificate issued in accordance with this Chapter (as it then had effect) stating that the employment was contracted-out employment by reference to the scheme.]

[(1A)     In addition, in relation

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