Print Options
PrintThe Whole
Act
PrintThe Whole
Schedule
PrintThis
Part
only
Changes over time for:
Part 7
Llinell Amser Newidiadau
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Status:
Point in time view as at 06/04/2015.
Changes to legislation:
There are currently no known outstanding effects for the Pensions Act 2007,
Part 7
.
Changes to Legislation
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
Part 7 E+W+SAdditional pension: simplified accrual rates
Social Security Contributions and Benefits Act 1992 (c. 4)E+W+S
35E+W+SIn section 176 of the SSCBA (parliamentary control)—
(a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(b)in subsection (4) (certain orders not subject to parliamentary procedure) after “second appointed year” insert “ or designating the flat rate introduction year ”.
Pension Schemes Act 1993 (c. 48)E+W+S
36E+W+SIn section 12B of the Pension Schemes Act 1993 (reference scheme)—
(a)in subsection (5) (definition of earner's qualifying earnings) in paragraph (b), for “the upper earnings limit for that year multiplied by fifty-three” substitute “ the applicable limit ”;
(b)in subsection (7), before the definition of “normal pension age” insert—
““the applicable limit” means—
(a)in relation to a tax year before the flat rate introduction year, the upper earnings limit for the year multiplied by 53;
(b)in relation to the flat rate introduction year or any subsequent tax year, the upper accrual point;”.
37E+W+S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
38E+W+SIn section 181(1) of that Act (general interpretation) insert at the appropriate places—
““the flat rate introduction year” has the meaning given by section 122 of the Social Security Contributions and Benefits Act 1992;”;
““the upper accrual point” has the meaning given by section 122 of the Social Security Contributions and Benefits Act 1992;”.
39E+W+S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yn ôl i’r brig