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Social Security Contributions and Benefits (Northern Ireland) Act 1992
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Rhagor o Adnoddau
Changes over time for: Section 55A
Version Superseded: 09/04/2018
Alternative versions:
- 01/12/2000- Amendment
- 07/04/2003- Amendment
- 12/04/2004- Amendment
- 11/04/2005- Amendment
- 10/04/2006- Amendment
- 09/04/2007- Amendment
- 07/04/2008- Amendment
- 06/04/2009- Amendment
- 12/04/2010- Amendment
- 11/04/2011- Amendment
- 09/04/2012- Amendment
- 08/04/2013- Amendment
- 07/04/2014- Amendment
- 06/04/2015- Amendment
- 06/04/2016- Amendment
- 10/04/2017- Amendment
- 25/09/2017- Amendment
- 24/03/2018- Amendment
- 24/03/2018
Point in time - 09/04/2018- Amendment
- 29/09/2018- Amendment
- 26/03/2019- Amendment
- 08/04/2019- Amendment
- 27/09/2019- Amendment
- 06/04/2020- Amendment
- 12/04/2021- Amendment
- 12/04/2022- Amendment
- 28/09/2022- Amendment
- 27/03/2023- Amendment
- 10/04/2023- Amendment
- 26/09/2023- Amendment
- 22/03/2024- Amendment
- 08/04/2024- Amendment
Status:
Point in time view as at 24/03/2018. This version of this provision has been superseded.
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Changes to legislation:
Social Security Contributions and Benefits (Northern Ireland) Act 1992, Section 55A is up to date with all changes known to be in force on or before 20 November 2024. 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.
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[F255A Shared additional pension [F1because of an old state scheme pension credit] .N.I.
[F3(1)A person is entitled to a shared additional pension under this section if—
(a)the person attained pensionable age before 6 April 2016, and
(b)the person is entitled to an old state scheme pension credit.]
(2)A person’s entitlement to a shared additional pension [F4under this section] shall continue throughout his life.
(3)The weekly rate of a shared additional pension [F5under this section] shall be the appropriate weekly amount, unless the pensioner’s entitlement to the [F6old] state scheme pension credit arose before the final relevant year, in which case it shall be that amount multiplied by the relevant revaluation percentage.
(4)The appropriate weekly amount for the purposes of subsection (3) above is the weekly rate, expressed in terms of the valuation day, at which the cash equivalent, on that day, of the pensioner’s entitlement, or prospective entitlement, to the shared additional pension is equal to the [F7old] state scheme pension credit.
(5)The relevant revaluation percentage for the purposes of that subsection is the percentage specified, in relation to earnings factors for the tax year in which the entitlement to the [F8old] state scheme pension credit arose, by the last order under section 130 of the Administration Act to come into operation before the end of the final relevant year.
[F9(6)The Department may by regulations make provision for the calculation and verification of cash equivalents for the purposes of this section.
(6A)The power conferred by subsection (6) above includes power to provide—
(a)for calculation or verification in such manner as may be approved by or on behalf of the Government Actuary, and
(b)for things done under the regulations to be required to be done in accordance with guidance from time to time prepared by a person prescribed by the regulations.]
(7)In this section—
“final relevant year” means the tax year immediately preceding that in which the pensioner attains pensionable age;
“[F10old] state scheme pension credit” means a credit under Article 46(1)(b) of the Welfare Reform and Pensions (Northern Ireland) Order 1999 (credit for the purposes of this Part of this Act);
“valuation day” means the day on which the pensioner becomes entitled to the [F10old] state scheme pension credit.]
Textual Amendments
F1Word in s. 55A heading inserted (6.4.2016) by Pensions Act (Northern Ireland) 2015 (c. 5), s. 53(3), Sch. 11 para. 4(5)
F2Ss. 55A-55C and cross-heading inserted (1.12.2000) by S.I. 1999/3147 (N.I. 11), art. 47(1), Sch. 6 para. 3; S.R. 2000/133, art. 2(3), Sch. Pt. IV
F3S. 55A(1) substituted (6.4.2016) by Pensions Act (Northern Ireland) 2015 (c. 5), s. 53(3), Sch. 11 para. 4(2)
F4Words in s. 55A(2) inserted (6.4.2016) by Pensions Act (Northern Ireland) 2015 (c. 5), s. 53(3), Sch. 11 para. 4(3)
F5Words in s. 55A(3) inserted (6.4.2016) by Pensions Act (Northern Ireland) 2015 (c. 5), s. 53(3), Sch. 11 para. 4(3)
F6Word in s. 55A(3) inserted (6.4.2016) by Pensions Act (Northern Ireland) 2015 (c. 5), s. 53(3), Sch. 11 para. 4(4)
F7Word in s. 55A(4) inserted (6.4.2016) by Pensions Act (Northern Ireland) 2015 (c. 5), s. 53(3), Sch. 11 para. 4(4)
F8Word in s. 55A(5) inserted (6.4.2016) by Pensions Act (Northern Ireland) 2015 (c. 5), s. 53(3), Sch. 11 para. 4(4)
F9S. 55A(6)(6A) substituted for s. 55A(6) (22.11.2000) by 2000 c. 4 (N.I.), s. 37(3); S.R. 2000/358, art. 2(a), Sch. Pt. I
F10Word in s. 55A(7) inserted (6.4.2016) by Pensions Act (Northern Ireland) 2015 (c. 5), s. 53(3), Sch. 11 para. 4(4)
Modifications etc. (not altering text)
C1S. 55A: sums amended (24.3.2018) by The Social Security (2017 Benefits Up-rating) Order (Northern Ireland) 2018 (S.R. 2018/56), arts. 1, 4(4)
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