PART 2Graduated retirement benefit - amendment of primary legislation

Amendment of the National Insurance Act 19653

1

In subsection (2) of section 36 (graduated retirement benefit), for “the units” to the end substitute “, a unit of graduated contributions shall be £7.50.”.

2

The amendment in paragraph (1) does not apply—

a

in relation to a woman who attained pensionable age before 6th April 2010; or

b

for the purposes of the reference to the graduated retirement benefit of a deceased person in section 37(1) (as amended by regulation 4), where the deceased person was a woman who would have attained pensionable age before 6th April 2010.