The Pensions Act 2014 (Consequential Amendments) (Units of Additional Pension) Order 2014

• Citation: S.I. 2014/3213
• Sections: 5

Section 1 Citation and commencement

(1) This Order may be cited as the Pensions Act 2014 (Consequential Amendments) (Units of Additional Pension) Order 2014.

(2) This Order shall come into force on 12th October 2015.

Section 2 Amendment of the Social Security Contributions and Benefits Act 1992

In section 47 of the Social Security Contributions and Benefits Act 1992 (increase of Category A retirement pension for invalidity), after subsection (3), insert—

(3A) In subsections (2) and (3) above references to additional pension do not include any amount of additional pension attributable to units of additional pension.

(3B) For units of additional pension, see section 14A.

Section 3 Amendment of the Social Security Contributions and Benefits Act 1992

In Schedule 7 to the Social Security Contributions and Benefits Act 1992 (industrial injuries benefits), after paragraph 3(3) (increase of unemployability supplement) insert—

(3A) In sub-paragraphs (2) and (3) above references to additional pension do not include any amount of additional pension attributable to units of additional pension.

(3B) For units of additional pension, see section 14A.

Section 4 Amendment of section 46 of the Pension Schemes Act 1993

In section 46 of the Pension Schemes Act 1993 (effect of entitlement to guaranteed minimum pensions on payment of social security benefits) , at the end insert—

(10) In this section a reference to “additional pension” does not include any amount of additional pension attributable to units of additional pension.

(11) For units of additional pension, see section 14A of the Social Security Contributions and Benefits Act 1992.

Section 5 Amendment of the Social Security (Inherited SERPS ) Regulations 2001

In regulation 1(2) (citation, commencement and interpretation) of the Social Security (Inherited SERPS) Regulations 2001 , in the definition of “additional pension”, after “2002” insert “and an additional pension attributable to units of additional pension (within the meaning of section 14A of the Contributions and Benefits Act)”.