HC Deb 23 January 1998 vol 304 c732W
Mr. Gibb

To ask the Secretary of State for Social Security how many occupational pension schemes which were previously contracted-out on the contracted-out salary-related scheme basis have elected to be contracted-out as contracted-out money purchase schemes since 2 July 1997. [24880]

Mr. Denham

During the period 2 July 1997 to 21 January 1998. the Contributions Agency received 285 elections from contracted-out salary-related schemes switching, under the provisions of regulation 76A of the 1996 Contracting-Out regulations (SI 1172), to contracting-out on a money purchase basis. Of these, 173 have been processed.

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