Social Security Contributions and Benefits Act 1992 (c. 4)

SCHEDULES

[F1 SCHEDULE 4B E+W+S Additional pension: accrual rates for purposes of section 45(2)(d)

Textual Amendments

F1 Sch. 4B inserted (26.9.2007) by Pensions Act 2007 (c. 22), s. 30(3), Sch. 2 para. 1

Part 2 E+W+S Normal rules: employment not contracted-out

Appropriate amount for year E+W+S

5 E+W+S The earnings-related amount for the year is calculated as follows—

(a) take the part of the [F2 earnings factor] for the year which exceeds the LET F3 ...;

(b) multiply that amount in accordance with the last order under section 148 of the Administration Act to come into force before the end of the final relevant year;

(c) multiply the amount found under paragraph (b) by 10%;

(d) divide the amount found under paragraph (c) by 44.]

Textual Amendments

F2 Words in Sch. 4B para. 5(a) substituted (3.1.2012) by Pensions Act 2008 (c. 30), s. 149(1), Sch. 4 para. 12(4); S.I. 2011/3033, art. 2(c)(xii)

F3 Words in Sch. 4B para. 5(a) repealed (21.9.2008) by National Insurance Contributions Act 2008 (c. 16), s. 6(1), Sch. 2