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SCHEDULES

SCHEDULE 2Transitional rate of state pension: up-rating

4(1)The transitional rate of a person’s state pension is to be increased under this paragraph if it exceeds the full rate.

(2)If at any time the full rate of the state pension is increased, the person’s transitional rate is increased (at that time) by the same amount as the amount by which the full rate is increased.

(3)If at any time an order under section 151A of the Administration Act comes into force, the person’s transitional rate is increased (at that time) by an amount equal to the appropriate percentage of the excess.

(4)In sub-paragraph (3)—