Full and reduced rates of state pension
This section has no associated Explanatory Notes
3.—(1) The full rate of the state pension is the weekly rate for the time being specified in regulations.
(2) The reduced rate of the state pension for a person is the following proportion of the full rate—
.
(3) Once the full rate has been specified, the power to make regulations under subsection (1) may not be re-exercised so as to reduce the rate.