SCHEDULES

SCHEDULE 11PENSION SHARING: AMENDMENTS

The Social Security Contributions and Benefits (Northern Ireland) Act 1992 (c. 7)

5

After section 55A insert—

55AAShared additional pension because of a new state scheme pension credit

1

A person is entitled to a shared additional pension under this section if—

a

the person attained pensionable age before 6 April 2016, and

b

the person is entitled to a new state scheme pension credit.

2

A person’s entitlement to a shared additional pension under this section continues throughout his or her life.

3

The weekly rate of a shared additional pension under this section is equal to the amount of the new state scheme pension credit.

4

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