Point in time view as at 12/04/2022.
Pensions Act (Northern Ireland) 2015, Paragraph 4 is up to date with all changes known to be in force on or before 09 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
4—(1) Section 45 (rate of additional pension in a Category A retirement pension) is amended as follows.N.I.
(2) In subsection (1)—
(a)after “shall be” insert
“ the sum of the following—
(a)in relation to any surpluses in the pensioner's earnings factors,”;
(b)at the end insert
“; and
(b)if the pensioner has one or more units of additional pension, a specified amount for each of those units.”.
(3) In subsection (2), at the end of paragraph (d) insert
“; and
(e)if the pensioner has one or more units of additional pension, a specified amount for each of those units.”.
(4) After subsection (2) insert—
“(2A) For the purposes of subsections (1)(b) and (2)(e) the “specified amount” is an amount to be specified by the Department in regulations.”.
Commencement Information
I1Sch. 15 para. 4 in operation at 16.7.2015 for specified purposes by S.R. 2015/307, art. 2(2)(l)
I2Sch. 15 para. 4 in operation at 12.10.2015 in so far as not already in operation by S.R. 2015/329, art. 2(3)
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