Search Legislation

Social Security Pensions Act 1975

 Help about what version

What Version

 Help about advanced features

Advanced Features

Changes over time for: Section 41A

 Help about opening options

Version Superseded: 28/02/1991

Alternative versions:

Status:

Point in time view as at 01/02/1991. This version of this provision has been superseded. Help about Status

Close

Status

You are viewing this legislation item as it stood at a particular point in time. A later version of this or provision, including subsequent changes and effects, supersedes this version.

Note the term provision is used to describe a definable element in a piece of legislation that has legislative effect – such as a Part, Chapter or section.

Changes to legislation:

There are currently no known outstanding effects for the Social Security Pensions Act 1975, Section 41A. Help about Changes to Legislation

Close

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.

41A Earners’ pensions.E+W+S

(1)If—

(a)there is an interval between—

(i)the date on which an earner ceases to be in employment which is contracted-out by reference to an occupational pension scheme [F1which is not a money purchase contracted-out scheme] (“the termination of employment date”); and

(ii)the date on which his guaranteed minimum pension under that scheme commences (“the commencement of payment date”);

(b)the relevant sum exceeds his guaranteed minimum on the day after the termination of employment date; and

(c)on the commencement of payment date or at any time thereafter his guaranteed minimum pension under the scheme exceeds the amount of his guaranteed minimum under it on the day after the termination of employment date,

the weekly rate on the [F2commencement of payment date] and at any time thereafter of the pension payable to him under the scheme shall be an amount not less

[F3(i)in a case where by virtue of paragraph 9(2)(b) of Schedule 16 to the Social Security Act 1973 a pension is provided by way of complete substitute for short service benefit, than the weekly rate of that pension; and

(ii)in any other case, than the relevant aggregate.]

(1A), (1B). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F4

[F5(1C)In subsection (1) above “the relevant aggregate” means the aggregate of the following—

(a)the relevant sum;

(b)the excess mentioned in subsection (1)(c) above; . . . F6

(c)any amount which is an appropriate addition at the time in question][F7and

(d)where the scheme provides that part of the earner’s pension shall accrue after the termination of employment date by reason of employment after that date, the later earnings addition.]

(2)In subsection [F8(1C)] above “appropriate addition” means—

(a)where a scheme provides that part of an earner’s pension shall accrue after the termination of employment date by reason of employment after that date, an amount equal to the part which has so accrued; and

(b)where a scheme provides that an earner’s pension which has accrued before that date shall be enhanced after it if payment of the pension is postponed, the amount by which the excess of the pension on the day after the termination of employment date over the earner’s guaranteed minimum on the day after the terminiation of employment date has been enhanced by reason of the postponement.

[F9(2A)In this section “the later earnings addition” means the amount (if any) by which (R2—G2) exceeds (R1—G1), where—

  • R1 is the relevant sum;

  • G1 is the earner’s guaranteed minimum on the day after his termination of employment date;

  • R2 is the amount that would have been the relevant sum, had the weekly rate of the benefit which determines that sum been calculated by reference to the earner’s later earnings level; and

  • G2 is that amount which bears to R2 the proportion which G1 bears to R1.

(2B)For the purposes of subsection (2A) above, the earner’s “later earnings level” is the level of earnings by reference to which the weekly rate of the benefit which determines the relevant sum would have been calculated, had the termination of employment date fallen on the earlier of—

(a)the commencement of payment date, or

(b)the date on which the earner ceased to be in pensionable service under the scheme.]

(3)Subject to subsections (6) to (8) below, in this section “the relevant sum” means—

(a)if the earner reaches normal pensionable age on or before the termination of employment date, an amount equal to the weekly rate of his pension on the day after the termination of employment date; and

(b)if he reaches normal pension age after the termination of employment date, an amount equal to the weekly rate of—

(i)any short service benefit which has accrued to him on the termination of employment date; or

(ii)where no short service benefit has then accrued to him, any other benefit to which this paragraph applies and which has then accrued to him.

(4)The benefit other than short service benefit to which subsection (3)(b) above applies is benefit—

(a)which would have been provided, as either the whole or part of the earner’s short service benefit; or

(b)of which the earner’s short service benefit would have formed part,

if paragraph 6(1) of Schedule 16 to the Social Security Act 1973 had effect with the substitution—

(i). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F10

(ii)in paragraph (b), of a reference to the service which the earner had on that date for the reference to [F112] years’ qualifying service.

(5)Any such benefit is only to be included in the relevant sum to the extent that it does not exceed the amount which the scheme would have had to provide as short service benefit if paragraph 6(1) of Schedule 16 to the Social Security Act 1973 had effect as mentioned in subsection (4) above.

(6)To the extent that amounts attributable to transfer credits have accrued by reason of any transfer before the commencement of this section they are to be disregarded for the purposes of [F12subsections (1)(c) and (1C)(b)] above.

(7)If any part of the earner’s pension is postponed beyond the termination of employment date, the relevant sum is an amount equal to what would have been the weekly rate of his pension on the day after the termination of employment date if there had been no such postponement.

(8)If—

(a)an earner’s employment ceases to be contracted-out by reference to an occupational pension scheme but the scheme continues to apply to it; or

(b)an earner transfers from employment which is contracted-out by reference to an occupational pension scheme to employment to which the scheme applies but which is not contracted-out by reference to it,

the amount of any short service or other benefit which has accrued to the earner shall be computed for the purposes of subsection (3)(b) above as it would be computed if he had ceased on the termination of employment date to be in employment to which the scheme applies.

(9)An earner shall be treated for the purpose of this section as if benefit under a scheme had accrued to him—

(a)if—

(i)one of the events mentioned in subsection (8) above occurs before he has attained the age at which, if he had attained it, that benefit would have accrued to him; and

(ii)he continues to be in employment to which the scheme applies until he attains that age; or

(b)if—

(i)one of those events occurs before he has a particular period of service; and

(ii)that benefit would have accrued to him if he had that period; and

(iii)he continues to be in employment to which the scheme applies until he has it.

(10)Nothing in this section shall be construed as entitling an earner who has not reached normal pension age to any portion of a pension under a scheme to which he would not otherwise be entitled.

(11)In this section, [F13pensionable service” and “short service benefit” are] to be construed in accordance with Schedule 16 to the Social Security Act 1973.

Textual Amendments

F1Words inserted (with effect from 6.4.1988) by Social Security Act 1986 (c. 50), Sch. 2, para. 6(1)(d)

F2Words substituted (with effect from 13.7.1990) by Social Security Act 1990 (c. 27), Sch. 4, para. 8(8)

F4S. 41A(1A) and (1B) repealed (with effect from 13.7.1990) by Social Security Act 1990 (c. 27), Sch. 4, para. 8(8) and Sch. 7

F6Word repealed (with effect from 21.7.1989) by Social Security Act 1989 (c. 24), Sch. 9

F7Word and s. 41A(1C)(d) added by Social Security Act 1990 (c. 27), Sch. 4, para. 8(2), with effect from 21.7.1989 by virtue of para. 8(1) Social Security Act 1990, and subject to savings in para. 8(10)

F8Reference substituted by Social Security Act 1985, Sch. 5, para. 23(a)

F9S. 41A(2A) and (2B) added by Social Security Act 1990 (c. 27), Sch. 4, para. 8(3), with effect from 21.7.1989 by virtue of para. 8(1) Social Security Act 1990, and subject to savings in para. 8(10).

F11Figure substituted (with effect from 6.4.1988) by Social Security Act 1986 (c. 50), Sch. 10, para. 20

F13Words substituted by Social Security Act 1990 (c. 27), Sch. 4, para. 8(4), with effect from 21.7.1989 by virtue of para. 8(1) of Social Security Act 1990, and subject to savings in para. 8(10).

Back to top

Options/Help

Print Options

You have chosen to open The Whole Act

The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open The Whole Act as a PDF

The Whole Act you have selected contains over 200 provisions and might take some time to download.

Would you like to continue?

You have chosen to open the Whole Act

The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

Close

Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.

Point in Time: This becomes available after navigating to view revised legislation as it stood at a certain point in time via Advanced Features > Show Timeline of Changes or via a point in time advanced search.

Close

See additional information alongside the content

Geographical Extent: Indicates the geographical area that this provision applies to. For further information see ‘Frequently Asked Questions’.

Show Timeline of Changes: See how this legislation has or could change over time. Turning this feature on will show extra navigation options to go to these specific points in time. Return to the latest available version by using the controls above in the What Version box.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources
Close

Timeline of Changes

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.

Close

More Resources

Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • correction slips

Click 'View More' or select 'More Resources' tab for additional information including:

  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • links to related legislation and further information resources