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3.—(1) The State Pension Credit Act (Northern Ireland) 2002(1) shall be amended in accordance with sub-paragraphs (2) and (3).
(2) In section 7(6) (fixing of claimant’s retirement provision for assessed income period) after paragraph (c) there shall be added the following paragraph—
“(d)PPF periodic payments,”.
(3) In section 17(1) (other interpretation provisions) after the definition of “personal pension scheme” there shall be inserted the following definition—
““PPF periodic payments” means—
any periodic compensation payments made in relation to a person, payable under the pension compensation provisions as specified in Article 146(2) of the Pensions (Northern Ireland) Order 2005 or section 162(2) of the Pensions Act 2004 (the pension compensation provisions); or
any periodic payments made in relation to a person, payable under Article 150 of the Pensions (Northern Ireland) Order 2005 or section 166 of the Pensions Act 2004 (duty to pay scheme benefits unpaid at assessment date etc.);”.
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