10Additional pension: removal of accrual band from 2010-11E+W+S
(1)Schedule 4A to the SSCBA (additional pension) is amended as follows.
(2)In Part 2 (surplus earnings factor) in paragraph 2 (calculation of amount where there is a surplus in pensioner's earnings factor)—
(a)in sub-paragraph (4), after “2009” insert “where the tax year concerned falls before 2010-11 ”;
(b)after sub-paragraph (4) insert—
“(4A)The appropriate table for persons attaining pensionable age on or after 6th April 2009 where the tax year concerned is 2010-11 or a subsequent tax year is as follows—
TABLE 2A
| Amount of surplus | Percentage | |
|---|---|---|
| Band 1 | Not exceeding LET | 40 |
| Band 2 | Exceeding LET but not exceeding AUEL | 10”; |
(c)F1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3)In Part 3 (contracted-out employment) in paragraph 5 (calculation of amount A)—
(a)in sub-paragraph (4), after “2009” insert “ where the tax year concerned falls before 2010-11 ”;
(b)after sub-paragraph (4) insert—
“(4A)The appropriate table for persons attaining pensionable age on or after 6th April 2009 where the tax year concerned is 2010-11 or a subsequent tax year is as follows—
TABLE 4A
| Amount of surplus | Percentage | ||
|---|---|---|---|
| Band 1 | Not exceeding LET | 40 | |
| Band 2 | Exceeding LET but not exceeding AUEL | 10”. | |
(4)In paragraph 7 (calculation of amount B second case)—
(a)in sub-paragraph (4), after “2009” insert “ where the tax year concerned falls before 2010-11 ”;
(b)after sub-paragraph (4) insert—
“(4A)The appropriate table for persons attaining pensionable age on or after 6th April 2009 where the tax year concerned is 2010-11 or a subsequent tax year is as follows—
TABLE 6A
| Amount of surplus | Percentage | ||
|---|---|---|---|
| Band 1 | Not exceeding LET | 40 | |
| Band 2 | Exceeding LET but not exceeding AUEL | 10”. | |
(5)F2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(6)For the heading for that Schedule substitute “Additional pension: accrual rates for purposes of section 45(2)(c)”.
Textual Amendments
F1S. 10(2)(c) repealed (21.9.2008) by National Insurance Contributions Act 2008 (c. 16), ss. 4, 6(1), Sch. 2