Pensions Bill: Abolition of contracting out given no firm date

The first Pensions Bill, which will be known as the Pensions Act 2007 when it receives Royal Assent, says once contracting-out is abolished schemes will be automatically contracted back into the State Second pension. But although it has previously been suggested this will be from 2012, the actual Bill does not provide a firm date, merely stating the abolition will come into force from a date to be specified by the Secretary of State. However the Bill does not make any reference to the recent consultation on whether restrictions on protected rights should be removed, as it warns any p...