Social Security Contributions and Benefits Act 1992, Paragraph 3A is up to date with all changes known to be in force on or before 03 March 2025. 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.
[F13A(1)This paragraph applies where—E+W+S
(a)a person’s entitlement to a Category A or Category B retirement pension is deferred, and
(b)the person has made (or is treated as having made) an election under paragraph A1(1)(b) in relation to the period of deferment.
(2)The person is entitled to an amount calculated in accordance with paragraph 3B (a “lump sum”).]
Textual Amendments
F1Sch. 5 paras. 3A, 3B and cross-headings inserted (18.11.2004 for specified purposes, 6.4.2005 in so far as not already in force) by Pensions Act 2004 (c. 35), s. 322(3)(a), Sch. 11 para. 8
Modifications etc. (not altering text)
C1Sch. 5 modified (6.4.2005) by The Social Security (Retirement Pensions etc.) (Transitional Provisions) Regulations 2005 (S.I. 2005/469), regs. 1(1), 2
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