The Social Security (Reduced Rates of Class 1 Contributions, and Rebates) (Money Purchase Contracted-out Schemes) Order (Northern Ireland) 1998
This Order, which corresponds to an Order (S.I. 1998/945) made by the Secretary of State for Social Security under section 42B of the Pension Schemes Act 1993, specifies with effect from 6th April 1999 the appropriate flat-rate percentage and the appropriate age-related percentages in respect of earners who are members of money purchase contracted-out pension schemes. It also amends the Social Security (Reduced Rates of Class 1 Contributions and Rebates) (Money Purchase Contracted-out Schemes) Order (Northern Ireland) 1996 to restrict its application to the tax years 1997-98 and 1998-99.