C1C2C3C4C5C6C7C8PART 1STATE PENSION

Annotations:

State pension at the transitional rate

I16Recalculation and backdating of transitional rate in special cases

1

This section modifies the transitional rate of the state pension for a person if, after the person has reached pensionable age, a determination is made under section 44A(2) of the Pension Schemes (Northern Ireland) Act 1993 (in this Act referred to as “the Pension Schemes Act”) (contracting-out: reinstatement in state scheme following payment of contributions equivalent premium).

2

The person's transitional rate is to be recalculated (taking the determination into account under paragraph 3(8) of Schedule 1).

3

The recalculated rate has effect as from the day on which the person reached pensionable age (and the other provisions of this Part apply accordingly).