The former provision for payment of state scheme premiums on the termination of a scheme's certified status was replaced, under the Pensions Act 1995, by provision for the payment of contributions equivalent premiums1. Where:
(1) an earner2 was serving in employment which is contracted-out employment3 by reference to an occupational pension scheme4 (other than a money purchase scheme5);
(2) head (1) ceased to apply, by reason of any of the circumstances in heads (a) to (e) below, before the earner attained the scheme's normal pension age6
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