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The Social Security (Graduated Retirement Benefit) Regulations 2005

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Changes over time for: Paragraph 13

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There are currently no known outstanding effects for the The Social Security (Graduated Retirement Benefit) Regulations 2005, Paragraph 13. Help about Changes to Legislation

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13.—(1) This paragraph applies where—

(a)the period of deferment is less than 12 months; or

(b)the person has made an election under paragraph 12(1)(a) in respect of the period of deferment.

(2) The rate of the person's graduated retirement benefit shall be increased by an amount equal to the aggregate of the increments to which he is entitled under paragraph 14 but only if that amount is enough to increase the rate of the benefit by at least one per cent.

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