Consultation outcome

Proposed assumptions for contracted-out rebates for 2012 to 2017

This consultation has concluded

Download the full outcome

Review of certain contracting-out terms

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Detail of outcome

The final oucome has been published in the “Review of rebates and reduced rates of National Insurance contributions for members of defined benefit contracted-out pension schemes”.


Original consultation

Summary

Consultation on defined benefit rebates for 2012 to 2017, examining 3 approaches.

This consultation ran from
to

Consultation description

The Government Actuary’s Department is pleased to publish a consultation document on the proposed assumptions to inform my advice on the calculation of contracted-out rebates for the period 2012 to 2017.

The abolition of contracting-out on a defined contribution basis means that the focus of this consultation is on the defined benefit rebate.

We are consulting on the actuarial assumptions which might be used on 3 alternative approaches: * a ‘best estimate’ basis, * a ‘typical funding’ basis, and * a ‘gilts’ basis.

Documents

Review of contracted-out rebates for 2012 to 2017

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email enquiries@gad.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.
Published 23 August 2010