SCHEDULES

SCHEDULE 6REDUCED RATE ELECTIONS: EFFECT ON RATE OF SECTION 4 PENSION

Recalculation of transitional rate where circumstances change

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1

If neither of paragraphs 2 and 3 applies to the woman but she subsequently comes within paragraph (a) or (b) of paragraph 2(1)—

a

her transitional rate is to be recalculated applying paragraph 2(2), and

b

Schedule 2 (up-rating) applies as if the recalculated rate had been the woman's transitional rate on the day on which she reached pensionable age.

2

But the woman's rate is not to be recalculated under sub-paragraph (1) if it has already been recalculated under paragraph 4.