4(1)The transitional rate of a person's state pension is to be increased under this paragraph if it exceeds the full rate.E+W+S
(2)If at any time the full rate of the state pension is increased, the person's transitional rate is increased (at that time) by the same amount as the amount by which the full rate is increased.
(3)If at any time an order under section 151A of the Administration Act comes into force, the person's transitional rate is increased (at that time) by an amount equal to the appropriate percentage of the excess.
(4)In sub-paragraph (3)—
“the appropriate percentage” means the percentage specified in the order, and
“the excess” means the amount by which the transitional rate exceeded the full rate immediately before the order came into force.
Modifications etc. (not altering text)
C1Sch. 2 para. 4(3) sums amended (with effect in accordance with arts. 1(4), 7 of the amending S.I.) by The Social Security Benefits Up-rating Order 2017 (S.I. 2017/260), arts. 1(2)(c), 6(4)(b)
C2Sch. 2 para. 4(3) sums amended (with effect in accordance with art. 1(3)(4) 7 of the amending S.I.) by The Social Security Benefits Up-rating Order 2018 (S.I. 2018/281), arts. 1(2)(c), 6(4)(b)
C3Sch. 2 para. 4(3) sums amended (with effect in accordance with arts. 1(4)(5), 7 of the amending S.I.) by The Social Security Benefits Up-rating Order 2019 (S.I. 2019/480), arts. 1(3)(c), 6(4)(b)
C4Sch. 2 para. 4(3) sums amended (with effect in accordance with arts. 1(4)(5), 7 of the amending S.I.) by The Social Security Benefits Up-rating Order 2020 (S.I. 2020/234), arts. 1(3)(c), 6(4)(b)
C5Sch. 2 para. 4(3): sums modified (with effect in accordance with arts. 1(4)(5), 7 of the amending S.I.) by The Social Security Benefits Up-rating Order 2021 (S.I. 2021/162), arts. 1(3)(c), 6(4)
C6Sch. 2 para. 4(3): sums modified (with effect in accordance with arts. 1(4)(5), 7 of the amending S.I.) by The Social Security Benefits Up-rating Order 2022 (S.I. 2022/292), arts. 1(3)(c), 6(4)
C7Sch. 2 para. 4(3): sums amended (coming into force in accordance with arts. 1(4)(5), 7 of the amending S.I.) by The Social Security Benefits Up-rating Order 2024 (S.I. 2024/242), arts. 1(3)(c), 6(3)(b)
Commencement Information
I1Sch. 2 para. 4 in force at 6.4.2016, see s. 56(1)(4)