PART IIIPAYMENTS

F1Payment of state pension under Part 1 of the Pensions Act 2014 at a daily rate22DA

1

State pension under Part 1 of the Pensions Act 2014 is to be paid at a daily rate where—

a

the day on which a person’s first benefit week begins is after—

i

the day on which the person reaches pensionable age; or

ii

where the person has deferred their state pension under sections 16 and 17 of the Pensions Act 2014, the first day in respect of which the person makes a claim for their state pension; or

b

the day on which a person’s last benefit week begins is before the day on which the person dies.

2

The period for which a daily rate is to be paid is—

a

where paragraph (1)(a) applies, the period—

i

beginning on the day on which the person reaches pensionable age or the first day in respect of which the person makes a claim for their state pension; and

ii

ending on the day before the day on which the person’s first benefit week begins; or

b

where paragraph (1)(b) applies, the period beginning on the day on which the person’s last benefit week begins and ending on the day on which the person dies.

3

The daily rate at which state pension is payable under this regulation is 1/7th of the weekly rate which would have had effect on the day if a weekly rate had been payable.

4

In this regulation, “benefit week” means the period of 7 days ending on the day on which the person’s state pension is payable in accordance with regulation 22CA(4).