C1C2C3C4C5C6C7C8PART 1STATE PENSION

Annotations:

Transition: women who have had a reduced rate election

I111Reduced rate elections: effect on section 4 pensions

1

Section 4(1)(b) (minimum number of qualifying years for state pension at the transitional rate) does not apply to a woman if a reduced rate election was in force in respect of her at the beginning of the relevant 35-year period.

2

Schedule 6 modifies the rules about the transitional rate of the state pension for a woman if a reduced rate election was in force in respect of her at the beginning of the relevant 35-year period.

3

In this section—

  • reduced rate election” means an election made, or treated as having been made, under regulations under section 19(4) of the Contributions and Benefits Act;

  • relevant 35-year period” means the 35-year period ending with the tax year before the one in which the woman reached pensionable age.