The Welfare Reform and Pensions (Northern Ireland) Order 1999

Effect of state scheme pension debits and credits

47.—(1) Schedule 6 (which amends the Contributions and Benefits Act for the purpose of giving effect to debits and credits under Article 46(1)) shall have effect.

(2) Section 55C of that Act (which is inserted by that Schedule) shall have effect, in relation to incremental periods (within the meaning of that section) beginning on or after 6th April 2010, with the following amendments—

(a) in subsection (3), for “period of enhancement” there is substituted “period of deferment”,

(b) in subsection (4), for “1/7th per cent.” there is substituted

• “1/5th per cent.”,

  (c)

  in subsection (7), for “period of enhancement”, in both places, there is substituted “period of deferment”, and

  (d)

  in subsection (9), the definition of “period of enhancement” (and the preceding “and”) are omitted.