Pensions Act 1995 (c. 26)

SCHEDULES

SCHEDULE 4 E+W+S [F1 Equalisation of and increase in pensionable age for men and women]

Extent Information

E1 The amendment by this Act of an enactment which extends to Northern Ireland extends also to Northern Ireland see s. 178(1)(2)(3).

Textual Amendments

F1 Sch. 4 heading substituted (26.9.2007) by Pensions Act 2007 (c. 22), s. 30(3), Sch. 3 para. 3

Part II E+W+S Entitlement to certain pension and other benefits

Increments E+W+S

6 (1) In section 54(1) of the Social Security Contributions and Benefits Act 1992 (election to defer right to pension), in paragraph (a), the words from “but” to “70” are omitted. E+W+S

(2) In Schedule 5 to that Act—

(a) in paragraph 2(2), the definition of “period of enhancement” (and the preceding “and”) are omitted, and

(b) for “period of enhancement” (in every other place in paragraphs 2 and 3 where it appears) there is substituted “ period of deferment ”.

(3) In paragraph 2(3) of that Schedule, for “1/7th per cent.” there is substituted “ 1/5th per cent. ”

(4) In paragraph 8 of that Schedule, sub-paragraphs (1) and (2) are omitted.

[F2 (5) The preceding sub-paragraphs shall come into force as follows—

(a) sub-paragraphs (1) and (4) shall come into force on 6th April 2005;

(b) sub-paragraphs (2) and (3) shall have effect in relation to incremental periods (within the meaning of Schedule 5 to the Social Security Contributions and Benefits Act 1992 (c. 4)) beginning on or after that date.]

Textual Amendments

F2 Sch. 4 para. 6(5) substituted (18.11.2004) by Pensions Act 2004 (c. 35), ss. 297(3), 322(2)(c)(ii)