2021 No. 1320
The State Pension Revaluation for Transitional Pensions Order 2021
Made
Laid before Parliament
Coming into force in accordance with article 1(2)
The Secretary of State for Work and Pensions has carried out a review in accordance with section 148AC(1) of the Social Security Administration Act 19921 and it appeared to the Secretary of State that the general level of prices in Great Britain has increased during the review period2.
Accordingly the Secretary of State makes the following Order in exercise of the powers conferred by sections 148AC(3) and 189(1) and (4) of the Social Security Administration Act 19923.
Citation and commencement1
1
This Order may be cited as the State Pension Revaluation for Transitional Pensions Order 2021.
2
This Order comes into force on—
a
22nd December 2021 for the purpose of making an award on a claim for a state pension under regulation 15(1) of the Social Security (Claims and Payments) Regulations 1987 (advance notice of retirement and claim for and award of pension)4 to a person who reaches pensionable age5 on or after 12th April 2022; and
b
11th April 2022 for all other purposes.
3
In this article “a state pension” means a state pension under Part 1 of the Pensions Act 2014.
Increase in the general level of prices2
For the purposes of section 148AC(3) and (4) of the Social Security Administration Act 1992 (revaluation for transitional pensions under the Pensions Act 2014), the increase in the general level of prices during the review period is 12.2 per cent.
Signed by authority of the Secretary of State for Work and Pensions
(This note is not part of the Order)