Consultation outcome

Abolition of contracting out on a defined contribution basis: consultation on draft consequential legislation

This consultation was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

This consultation has concluded

Download the full outcome

Detail of outcome

We have decided to allow transfers from Defined Benefit contracted-out schemes to non-contracted-out schemes post abolition. We will amend the consequential regulations to make it clear that the status of previously transferred protected rights is not changed.

Original consultation

This consultation ran from to

Summary

This consultation sought views on whether the draft consequential legislation would permit contracted out rebates to be paid for periods prior to 6 April 2012.

Documents

Consultation description

This consultation sought views on whether the draft consequential legislation would permit contracted out rebates to be paid or recovered after the abolition date, for periods prior to 6 April 2012, whilst still achieving the government’s objective of ending contracting-out on a money purchase basis.