Statutory Instruments
2016 No. 1141
Social Security
The State Pension Revaluation for Transitional Pensions Order 2016
Made
23rd November 2016
Laid before Parliament
28th November 2016
Coming into force in accordance with article 1(2)
The Secretary of State for Work and Pensions has carried out a review in accordance with section 148AC(1) of the Social Security Administration Act 1992( 1 ) and it appeared to the Secretary of State that the general level of prices in Great Britain has increased during the review period.
Accordingly the Secretary of State makes the following Order in exercise of the powers conferred by sections 148AC(3) and 189(1) and (4) of the Social Security Administration Act 1992( 2 ).
Citation, commencement and interpretation
1. —(1) This Order may be cited as the State Pension Revaluation for Transitional Pensions Order 2016.
(2) This Order comes into force on—
(a) 19th December 2016 for the purpose of making an award on a claim for a state pension under regulation 15(1) of the Social Security (Claims and Payments) Regulations 1987( 3 ) to a person who reaches pensionable age on or after 10th April 2017; and
(b) 9th April 2017 for all other purposes.
(3) In this article “a state pension” means a state pension under Part 1 of the Pensions Act 2014( 4 ).
The increase in the general level of prices
2. For the purposes of section 148AC(3) and (4) of the Social Security Administration Act 1992(revaluation for transitional pensions under Pensions Act 2014), the increase in the general level of prices during the review period( 5 ) is 1.0 per cent.
Signed by authority of the Secretary of State for Work and Pensions
Richard Harrington
Minister of State,
Department for Work and Pensions
23rd November 2016
1992 c. 5 . Section 148AC was inserted by paragraph 17 of Schedule 12 to the Pensions Act 2014 (c. 19) .
Section 189 was amended by paragraph 109 of Schedule 7 and Schedule 8 to the Social Security Act 1998 (c. 14) , paragraph 57(2) of Schedule 3 to the Social Security Contributions (Transfer of Functions, etc. ) Act 1999 (c. 2) , Schedule 6 to the Tax Credits Act 2002 (c. 21) and S.I. 2013/252 . There are other amendments to section 189 that are not relevant to this Order.
S.I. 1987/1968 . Regulation 15(1) was amended by S.I. 2005/1551 and 2015/1985 .
The review period is defined in section 148AC(2) of the Social Security Administration Act 1992.