🔆 📖 👤

Statutory Instruments

2014 No. 3213

Social Security

The Pensions Act 2014 (Consequential Amendments) (Units of Additional Pension) Order 2014

Made

4th December 2014

Coming into force

12th October 2015

The Secretary of State in exercise of the powers conferred on him by section 53(1) and (2) of the Pensions Act 2014( 1 ) makes the following Order.

A draft of this instrument was laid before Parliament in accordance with section 54(2)(c) of the Pensions Act 2014 and approved by a resolution of each House of Parliament.

Citation and commencement

1. —(1) This Order may be cited as the Pensions Act 2014 (Consequential Amendments) (Units of Additional Pension) Order 2014.

(2) This Order shall come into force on 12th October 2015.

Amendment of the Social Security Contributions and Benefits Act 1992

2. In section 47 of the Social Security Contributions and Benefits Act 1992( 2 ) (increase of Category A retirement pension for invalidity), after subsection (3), insert—

(3A) In subsections (2) and (3) above references to additional pension do not include any amount of additional pension attributable to units of additional pension.

(3B) For units of additional pension, see section 14A. ( 3 ).

3. In Schedule 7 to the Social Security Contributions and Benefits Act 1992 (industrial injuries benefits), after paragraph 3(3)( 4 ) (increase of unemployability supplement) insert—

(3A) In sub-paragraphs (2) and (3) above references to additional pension do not include any amount of additional pension attributable to units of additional pension.

(3B) For units of additional pension, see section 14A. .

Amendment of section 46 of the Pension Schemes Act 1993

4. In section 46 of the Pension Schemes Act 1993 (effect of entitlement to guaranteed minimum pensions on payment of social security benefits)( 5 ), at the end insert—

(10) In this section a reference to “additional pension” does not include any amount of additional pension attributable to units of additional pension.

(11) For units of additional pension, see section 14A of the Social Security Contributions and Benefits Act 1992. .

Amendment of the Social Security (Inherited SERPS) Regulations 2001

5. In regulation 1(2) (citation, commencement and interpretation) of the Social Security (Inherited SERPS) Regulations 2001( 6 ), in the definition of “additional pension”, after “2002” insert “and an additional pension attributable to units of additional pension (within the meaning of section 14A of the Contributions and Benefits Act)”.

Signed by authority of the Secretary of State for Work and Pensions

Steve Webb

Minister of State,

Department for Work and Pensions

4th December 2014

( 1 )

2014 c.19 .

( 2 )

1992 c.4 . Section 47(1) and (5) were amended by paragraph 13 of Part 1 of Schedule 1 to the Social Security (Incapacity for Work) Act 1994 (c.18) . Section 47(3) was amended by paragraph 39 of Schedule 8 to the Pension Schemes Act 1993 (c.48) .

( 3 )

Section 14A was inserted by paragraph 3 of Schedule 15 to the Pensions Act 2014.

( 4 )

Paragraph 3(2) was amended by paragraph 41(2)(a) of Part 1 of Schedule 1 to the Social Security (Incapacity for Work) Act 1994. Paragraph 3(3) was amended by paragraph 41(2)(b) of Part 1 of Schedule 1 to that Act. Paragraph 3(3) was also amended by paragraph 43(a) of Schedule 8 to the Pension Schemes Act 1993 and by paragraph 13 of Schedule 4 to the Pensions Act 2008 (c.30) .

( 5 )

1993 c.48 .

Status: This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
The Pensions Act 2014 (Consequential Amendments) (Units of Additional Pension) Order 2014 (2014/3213)

Displaying information

Status of this instrument

footnotecommentarytransitional and savingsin force statusrelated provisionsgeo extentinsert/omitsource countin force adj
Defined TermSection/ArticleIDScope of Application
This instrument is derived from the version at www.legislation.gov.uk. To see a list of all amendments (including any to be made) check the resources page for this instrument on their website. Note, the status of this instrument is given above.
This instrument is derived from the version at www.legislation.gov.uk. To see original commencement information, check the resources page associated with this instrument. n.b. commencement information for marked amendments is embedded in the relevant footnote.

Status of changes to instrument text

The list includes made instruments, both those in force and those yet to come into force. Typically, instruments that are not yet in force (hence their changes are not incorporated into the text above) are indicated by description 'not yet' in the changes made column.