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Pensions Bill (HC Bill 183)

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EXPLANATORY NOTES

Explanatory notes to the Bill, prepared by the Department for Work and Pensions, are
published separately as Bill 183—EN.

EUROPEAN CONVENTION ON HUMAN RIGHTS

Secretary Iain Duncan Smith has made the following statement under section 19(1)(a)
of the Human Rights Act 1998:

In my view the provisions of the Pensions Bill [HL] are compatible with the
Convention rights.

Contents

  1. Part 1

    State pension

    1. 1. Equalisation of and increase in pensionable age for men and women

    2. 2. Abolition of certain additions to the state pension

    3. 3. Consolidation of additional pension

  2. Part 2

    Automatic enrolment

    1. 4. Automatic re-enrolment where employer interrupts scheme membership

    2. 5. Earnings trigger for automatic enrolment and re-enrolment

    3. 6. Postponement or disapplication of automatic enrolment

    4. 7. Timing of automatic re-enrolment

    5. 8. Review of earnings trigger and qualifying earnings band

    6. 9. Rounded figures for earnings trigger and qualifying earnings band

    7. 10. Certification that alternative to quality requirement is satisfied

    8. 11. Transitional period for defined benefits and hybrid schemes to be optional

    9. 12. Arrangements where transitional conditions cease to be satisfied

    10. 13. Power of managers to modify by resolution

    11. 14. No indemnification for civil penalties

  3. Part 3

    Occupational pension schemes

    1. Indexation and revaluation

      1. 15. Indexation and revaluation

      2. 16. Pension compensation: annual increases in periodic compensation

      3. 17. Indexation requirements for cash balance benefits

    2. Pension Protection Fund

      1. 18. Pension Protection Fund

    3. Financial assistance scheme

      1. 19. Financial assistance scheme: amount of payments

      2. 20. Financial assistance scheme: transfer of assets

    4. Miscellaneous

      1. 21. Payment of surplus to employer: transitional power to amend scheme

      2. 22. Contribution notices and financial support directions

      3. 23. Technical amendment to Schedule 4 to the Pensions Act 2007

      4. 24. Technical amendment to section 42(6) of the Pension Schemes Act 1993

  4. Part 4

    Judicial pensions

    1. 25. Contributions towards cost of judicial pensions etc

  5. Part 5

    Miscellaneous and general

    1. Miscellaneous

      1. 26. Grants by the Secretary of State to advisory bodies etc

      2. 27. Service of documents and electronic working

    2. General

      1. 28. Extent

      2. 29. Commencement

      3. 30. Short title

    1. Schedule 1

      Equalisation of and increase in pensionable age for men and
      women: consequential amendments

    2. Schedule 2

      Abolition of certain additions to the state pension:
      consequential amendments etc

    3. Schedule 3

      Consolidation of additional pension

    4. Schedule 4

      Pension Protection Fund

    5. Schedule 5

      Contributions towards cost of judicial pensions etc

      1. Part 1

        Contributions towards cost of judicial pensions

      2. Part 2

        Minor amendments relating to judicial pensions

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