The Occupational Pension Schemes and Social Security (Schemes that were Contracted-out and Graduated Retirement Benefit) (Miscellaneous Amendments) Regulations (Northern Ireland) 2017
These Regulations make amendments to subordinate legislation relating to the abolition of contracting-out of the additional State Pension for salary related pension schemes, and the calculation of a lump sum payment to an individual who deferred receipt of their Graduated Retirement Benefit. The Regulations also make amendments to secondary legislation to provide a new fixed rate of revaluation of guaranteed minimum pensions for those leaving pensionable service after 5th April 2017.