Pension Schemes (Conversion of Guaranteed Minimum Pensions) Act 2022
Pension Schemes (Conversion of Guaranteed Minimum Pensions) Act 2022
Independent editorial summary — not the official statute text. Read the official version on legislation.gov.uk.
Overview of the Act
Reproduced verbatim from the Explanatory Notes published with the Act on legislation.gov.uk (Crown Copyright, Open Government Licence v3.0). Explanatory Notes are prepared by the responsible government department and are not part of the Act.
The Act amends provisions in the Pension Schemes Act 1993, the Pension Schemes (Northern Ireland) Act 1993, the Pensions Act 2007 and the Pensions Act (Northern Ireland) 2008 which allow occupational pension schemes to convert Guaranteed Minimum Pension (GMP) benefits into other scheme benefits. The amendments simplify and clarify how these provisions operate.
Type: UK Public General Act
Year and chapter: 2022 c. 33
Royal Assent: 2022-04-28
Last ingested: 2026-06-12 from legislation.gov.uk. Acts commence section by section — check the official text for commencement orders.