This section has no associated Explanatory Notes
5. After section 55A insert—
“55AA. Shared additional pension because of a new state scheme pension credit
(1) A person is entitled to a shared additional pension under this section if—
(a)the person attained pensionable age before 6 April 2016, and
(b)the person is entitled to a new state scheme pension credit.
(2) A person’s entitlement to a shared additional pension under this section continues throughout his or her life.
(3) The weekly rate of a shared additional pension under this section is equal to the amount of the new state scheme pension credit.
(4) In this section “new state scheme pension credit” means a credit under Article 46A(2)(b) of the Welfare Reform and Pensions (Northern Ireland) Order 1999.”.