Part II Pensions

Chapter I State pensions

State second pension

I131 Calculation.

1

In section 45 of the M1Social Security Contributions and Benefits Act 1992 (calculation of additional pension in a Category A retirement pension), in subsection (2)—

a

after “shall be” there shall be inserted “the sum of the following”;

b

in paragraph (b), after “after 1987-88” there shall be inserted “but before the first appointed year”; and

c

after that paragraph there shall be inserted

; and

c

in relation to any tax years falling within subsection (3A) below, the weekly equivalent of the amount calculated in accordance with Schedule 4A to this Act.

2

In that section the following subsection shall be inserted after subsection (3)—

3A

The following tax years fall within this subsection—

a

the first appointed year;

b

subsequent tax years.

3

After Schedule 4 to that Act there shall be inserted the Schedule set out in Schedule 4 to this Act.