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Part 5STATE PENSION CREDIT

State Pension Credit

29.—(1) Any reference in this article to a numbered regulation or Schedule is a reference to the regulation of, or the Schedule to, the State Pension Credit Regulations bearing that number.

(2) In regulation 6(1) (amount of the guarantee credit)—

(a)in paragraph (1)(a) for “£332.95” substitute “£346.60”;

(b)in paragraph (1)(b) for “£218.15” substitute “£227.10”;

(c)in paragraph (5)(a) for “£81.50” substitute “£82.90”;

(d)in paragraph (5)(b) for “£163.00” substitute “£165.80”; and

(e)in paragraph (8) for “£45.60” substitute “£46.40”.

(3) In regulation 7(2)(2) (savings credit) for “£189.80” and “£301.22” substitute “£198.27” and “£314.34” respectively.

(4) In paragraph 14 of Schedule II(3) (housing costs: persons residing with the claimant)—

(a)in sub-paragraph (1)(a) for “£124.55” substitute “£126.65”;

(b)in sub-paragraph (1)(b) for “£19.30” substitute “£19.65”;

(c)in sub-paragraph (2)(a) for “£176.00” substitute “£183.00”;

(d)in sub-paragraph (2)(b)—

(i)for “£44.40” substitute “£45.15”;

(ii)for “£176.00” substitute “£183.00”; and

(iii)for “£256.00” substitute “£266.00”;

(e)in sub-paragraph (2)(c)—

(i)for “£60.95” substitute “£62.00”;

(ii)for “£256.00” substitute “£266.00”; and

(iii)for “£334.00” substitute “£348.00”;

(f)in sub-paragraph (2)(d)—

(i)for “£99.65” substitute “£101.35”;

(ii)for “£334.00” substitute “£348.00”; and

(iii)for “£445.00” substitute “£463.00”; and

(g)in sub-paragraph (2)(e)—

(i)for “£113.50” substitute “£115.45”;

(ii)for “£445.00” substitute “£463.00”; and

(iii)for “£554.00” substitute “£577.00”.

(5) In paragraph 9 of Schedule IIA(4) (additional amount applicable for claimants responsible for a child or qualifying young person)—

(a)in sub-paragraph (1)(a) for “£66.29” substitute “£67.42”; and

(b)in sub-paragraph (1)(b)—

(i)for “£35.93” substitute “£36.54”; and

(ii)for “£112.21” substitute “£114.12”.

(6) In paragraph 10 of Schedule IIA for “£76.79” substitute “£78.10”.

(7) In paragraph 1 of Schedule III(5) (special groups: polygamous marriages)—

(a)in sub-paragraph (5), in the substituted paragraph (1) of regulation 6, for “£332.95” and “£114.80” substitute “£346.60” and “£119.50” respectively; and

(b)in sub-paragraph (7), in the substituted paragraph (2) of regulation 7, for “£301.22” substitute “£314.34”.

(1)

Relevant amending instruments are S.I. 2015/1754, 2018/676, 2023/1218 and 2024/242.

(2)

Relevant amending instrument is S.I. 2024/242.

(3)

Relevant amending instruments are S.I. 2002/3197, 2004/2327, 2006/2378 and 2024/242.

(4)

Schedule IIA was inserted by S.I. 2018/676. Relevant amending instrument is S.I. 2024/242.

(5)

Relevant amending instruments are S.I. 2002/3197 and 2024/242.