PART 5STATE PENSION CREDIT

State Pension Credit29.

(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 695 (amount of the guarantee credit)—

(a)

in paragraph (1)(a) for “£306.85” substitute “£332.95”;

(b)

in paragraph (1)(b) for “£201.05” substitute “£218.15”;

(c)

in paragraph (5)(a) for “£76.40” substitute “£81.50”;

(d)

in paragraph (5)(b) for “£152.80” substitute “£163.00”; and

(e)

in paragraph (8) for “£42.75” substitute “£45.60”.

(3)

In regulation 7(2)96 (savings credit) for “£174.49” and “£277.12” substitute “£189.80” and “£301.22” respectively.

(4)

In paragraph 14 of Schedule II97 (persons residing with the claimant)—

(a)

in sub-paragraph (1)(a) for “£116.75” substitute “£124.55”;

(b)

in sub-paragraph (1)(b) for “£18.10” substitute “£19.30”;

(c)

in sub-paragraph (2)(a) for “£162.00” substitute “£176.00”;

(d)

in sub-paragraph (2)(b)—

(i)

for “£41.60” substitute “£44.40”;

(ii)

for “£162.00” substitute “£176.00”; and

(iii)

for “£236.00” substitute “£256.00”;

(e)

in sub-paragraph (2)(c)—

(i)

for “£57.10” substitute “£60.95”;

(ii)

for “£236.00” substitute “£256.00”; and

(iii)

for “£308.00” substitute “£334.00”;

(f)

in sub-paragraph (2)(d)—

(i)

for “£93.40” substitute “£99.65”;

(ii)

for “£308.00” substitute “£334.00”; and

(iii)

for “£410.00” substitute “£445.00”; and

(g)

in sub-paragraph (2)(e)—

(i)

for “£106.35” substitute “£113.50”;

(ii)

for “£410.00” substitute “£445.00”; and

(iii)

for “£511.00” substitute “£554.00”.

(5)

In paragraph 9 of Schedule IIA98 (additional amount applicable for claimants responsible for a child or qualifying young person)—

(a)

in sub-paragraph (1)(a) for “£61.88” substitute “£66.29”; and

(b)

in sub-paragraph (1)(b)—

(i)

for “£33.67” substitute “£35.93”; and

(ii)

for “£104.86” substitute “£112.21”.

(6)

In paragraph 10 of Schedule IIA for “£72.31” substitute “£76.79”.

(7)

In paragraph 1 of Schedule III99 (polygamous marriages)—

(a)

in sub-paragraph (5), in the substituted paragraph (1) of regulation 6, for “£306.85” and “£105.80” substitute “£332.95” and “£114.80” respectively; and

(b)

in sub-paragraph (7), in the substituted paragraph (2) of regulation 7, for “£277.12” substitute “£301.22”.