Part VIIAmounts
Payments by way of pensions81.
(1)
The deduction in respect of pension payments from the amount which apart from this regulation would be payable to a claimant by way of a contribution-based jobseeker’s allowance for any week shall be a sum equal to the amount by which that payment exceeds or, as the case may be, the aggregate of those payments exceed £50 per week.
(2)
In determining the amount of any pension payments for the purposes of paragraph (1), there shall be disregarded—
(a)
where pension payments first begin to be made to a person for a period starting other than at the beginning of the first week for which they are made, the pension payments for that week;
(b)
where pension payments are already in payment to a person and a change in the rate of payment takes effect in a week other than from the beginning of the week, the amount of any increase in the pension payments for that week arising from that change, and
(c)
any pension payments payable to him which arose in accordance with the terms of a personal pension scheme on the death of a person who was a member of that scheme.
(3)
Subject to the provisions of paragraph (2), where a pension payment, or an aggregate of such payments, as the case may be, is paid to a person for a period other than a week, such payments shall be treated as being made to that person by way of weekly pension payments and the weekly amount shall be determined—
(a)
where payment is made for a year, by dividing the total by 52;
(b)
where payment is made for 3 months, by dividing the total by 13;
(c)
where payment is made for a month, by multiplying the total by 12 and dividing the result by 52;
(d)
where payment is made for 2 or more months, otherwise than for a year or for 3 months, by dividing the total by the number of months, multiplying the result by 12 and dividing the result of that multiplication by 52, or
(e)
in any other case, by dividing the amount of the payment by the number of days in the period for which it is made and multiplying the result by 7.