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SCHEDULES

SCHEDULE 12STATE PENSION: AMENDMENTS

PART 1AMENDMENTS TO DO WITH NEW STATE PENSION SYSTEM

The Social Security Administration (Northern Ireland) Act 1992 (c. 8)

16.  After section 130AB insert—

130AC.    Revaluation for transitional pensions under Pensions Act (Northern Ireland) 2015

(1) Whenever the Secretary of State makes an order under section 148AC of the Great Britain Administration Act (revaluation for transitional pensions under Pensions Act 2014), the Department may make a corresponding order for Northern Ireland.

(2) The percentage specified in an order under subsection (1) is the “revaluing percentage” for the purposes of paragraph 6(5) of Schedule 1 to the Pensions Act (Northern Ireland) 2015..