PART 1STATE PENSION

Transition: pension sharing on divorce etc.

Shared state pension on divorce etc.

13.—(1) A person is entitled to a state pension under this section if—

(a)the person has reached pensionable age, and

(b)the person is entitled to a state scheme pension credit.

(2) A state pension under this section is payable at the appropriate weekly rate set out in Schedule 8.

(3) The rate of the state pension for a person under this section is to be increased from time to time in accordance with the applicable paragraph of Schedule 9.

(4) A person may be entitled to more than one state pension under this section.

(5) There are provisions elsewhere that affect a person’s entitlement to a state pension under this section or the rate at which it is payable.

(6) In this Part—

“state scheme pension credit” means—

(a)

a new state scheme pension credit, or

(b)

an old state scheme pension credit;

“new state scheme pension credit” means a credit under Article 46A(2)(b) of the Welfare Reform and Pensions (Northern Ireland) Order 1999;

“old state scheme pension credit” means a credit under Article 46(1)(b) of that Order.

Pension sharing: reduction in the sharer’s section 4 pension

14.—(1) The rate of a person’s state pension under section 4 is reduced under this section if the person is subject to a state scheme pension debit.

(2) The amount by which the rate is reduced is the amount of the appropriate weekly reduction set out in Schedule 10.

(3) A person’s state pension may be reduced more than once under this section.

(4) In this Part—

“state scheme pension debit” means—

(a)

a new state scheme pension debit, or

(b)

an old state scheme pension debit;

“new state scheme pension debit” means a debit under Article 46A(2)(a) of the Welfare Reform and Pensions (Northern Ireland) Order 1999;

“old state scheme pension debit” means a debit under Article 46(1)(a) of that Order.

Pension sharing: amendments

15.  Schedule11 contains amendments to do with pension sharing.