Pensions Act 2014

14Pension sharing: reduction in the sharer's section 4 pensionE+W+S

This section has no associated Explanatory Notes

(1)The rate of a person's state pension under section 4 is reduced under this section if the person is subject to a state scheme pension debit.

(2)The amount by which the rate is reduced is the amount of the appropriate weekly reduction set out in Schedule 10.

(3)A person's state pension may be reduced more than once under this section.

(4)In this Part—

  • state scheme pension debit” means—

    (a)

    a new state scheme pension debit, or

    (b)

    an old state scheme pension debit;

  • new state scheme pension debit” means a debit under section 49A(2)(a) of the Welfare Reform and Pensions Act 1999;

  • old state scheme pension debit” means a debit under section 49(1)(a) of that Act.

Commencement Information

I1S. 14 in force at 6.4.2016 so far as not brought into force earlier by an order, see s. 56(1)(4)

I2S. 14(2) in force at 5.2.2015 for specified purposes by S.I. 2015/134, art. 2(1)(4)(j)