Social Security Act 1973

5(1)Supplementary credits”, in relation to a scheme and a member’s entitlement to its benefits, means any increase of benefit or additional benefit to which the member may become entitled—

(a)in consequence of any provision made by or under the scheme after he becomes a member of it (to the extent that it applies to any previous pensionable service of his); or

(b)by reference to previous service of his (whether or not pensionable service); or

(c)in such other circumstances as may be prescribed,

including under paragraph (b) above any transfer credits.

(2)Purchased credits” means supplementary credits for which, under the rules of the scheme, a member may or must make payment in whole or in part (whether by means of additional contributions, or of deduction from benefit, or otherwise, and whether separately for each credit or by one or more payments for one or more credits).

(3)Bonus credits” means supplementary credits other than purchased credits or transfer credits.

Modifications etc. (not altering text)

C1Sch. 16 para. 5(1)(c) modified (28.02.1991) by S.I.1991/167, reg. 4