SCHEDULES

SCHEDULE 5Universal credit and other working-age benefits

Earnings tapers

5

In section 4 of the Jobseekers Act 1995 (amount payable by way of a jobseeker's allowance), in subsection (1)(b)—

(a)

after “making” there is inserted—

“(i)

deductions in respect of earnings calculated in the prescribed manner (which may include multiplying some or all earnings by a prescribed percentage), and

(ii)”;

(b)

“earnings,”(before “pension payments“) is repealed.

6

(1)

Section 2 of the Welfare Reform Act 2007 (amount of contributory allowance) is amended as follows.

(2)

In subsection (1)(c), after “making” there is inserted—

“(i)

deductions in respect of earnings calculated in the prescribed manner (which may include multiplying some or all earnings by a prescribed percentage), and

(ii)”.

(3)

At the end there is inserted—

“(6)

In subsection (1)(c)(i) the reference to earnings is to be construed in accordance with sections 3, 4 and 112 of the Social Security Contributions and Benefits Act 1992.”