For subsection (4) of section 44 of the Contributions and Benefits Act (Category A retirement pension) there shall be substituted the following subsection—
“(4)The weekly rate of the basic pension shall be £64.70 except that, so far as the sum is relevant for the purpose of calculating the lower rate of short-term incapacity benefit under section 30B(3) above, it shall be £62.05.
In this subsection “the lower rate” means the rate payable for the first 196 days of entitlement in any period of incapacity for work.”
Commencement Information
I1S. 68 in force at 8.9.1998 by S.I. 1998/2209, art. 2(a), Sch. Pt. I