The Pensions Act 2014 (Commencement No.8) Order 2016

Statutory Instruments

2016 No. 203

Pensions

The Pensions Act 2014 (Commencement No.8) Order 2016

Made

22nd February 2016

The Secretary of State for Work and Pensions makes the following Order in exercise of the powers conferred by section 56(1), (4) and (7) of the Pensions Act 2014(1).

Citation

1.  This Order may be cited as the Pensions Act 2014 (Commencement No.8) Order 2016.

Commencement of provisions

2.  23rd February 2016 is the day appointed for the coming into force of the following provisions of the Pensions Act 2014 for the purposes of making regulations—

(a) section 3(1);

(b) section 10;

(c) section 18(2) to (4); and

(d) section 20.

Signed by authority of the Secretary of State for Work and Pensions.

Altmann

Minister of State,

Department for Work and Pensions

22nd February 2016

EXPLANATORY NOTE

(This note is not part of the Order)

This is the eighth Commencement Order made under the Pensions Act 2014 (c.19). This Order brings into force provisions relating to the new state pension for people reaching pensionable age on or after 6th April 2016 (see Part 1 of that Act).

Article 2(a) brings section 3(1) of the Pensions Act 2014 into force which enables Regulations to be made that set the full rate of the new state pension.

Article 2(b) to (d) brings the provisions into force which enable the state pension provisions in the State Pension and Occupational Pension Schemes (Miscellaneous Amendments) Regulations 2016 (S.I. 2016/199) to be made. Those Regulations set out how to calculate the extra new state pension a person may receive if they delay claiming, or choose to suspend, their new state pension. They also contain provisions about inheriting graduated retirement benefit as part of a person’s new state pension. Finally, they provide for the circumstances in which a person who is an overseas resident is not entitled to up-rating increases of their new state pension.

A full impact assessment has not been published for this Order as it has no impact on the private sector or civil society organisations. An assessment has been made of the impact of the introduction of the new state pension. Copies of that impact assessment may be obtained from the Better Regulation Unit of the Department for Work and Pensions, 2D Caxton House, Tothill Street, London SW1 9NA or from the DWP website: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/311316/pensions-act-ia-annex-a-single-tier-state-pension.pdf . (Annex A contains the assessment for new state pension.)

NOTE AS TO EARLIER COMMENCEMENT ORDERS

(This note is not part of the Order)

The following provisions of the Pensions Act 2014 were brought into force by a Statutory Instrument which was made before this Order was made.

Provision	Date of Commencement	S.I. No.
Section 2(3) (partially)	5th February 2015	2015/134
Section 4(2) (partially)	5th February 2015	2015/134
Section 8(3), (7) and (8) (partially)	5th February 2015	2015/134
Section 13(2) (partially)	5th February 2015	2015/134
Section 14(2) (partially)	5th February 2015	2015/134
Section 15 (partially)	5th February 2015	2015/134
Section 16(1) and (6) (partially)	5th February 2015	2015/134
Section 17(4) and (5) (partially)	5th February 2015	2015/134
Section 18(1) (partially)	5th February 2015	2015/134
Section 19(1) and (3) (partially)	5th February 2015	2015/134
Section 22(1) (partially)	5th February 2015	2015/134
Section 23 (partially)	1st October 2014	2014/2377
Section 23 (partially)	7th July 2015	2015/1475
Section 23 (partially)	15th January 2016	2015/2058
Section 24(1) (partially)	7th July 2015	2015/1475
Section 24(2) to (9)	23rd February 2015	2015/134
Section 25 (partially)	1st October 2014	2014/2377
Section 25 (partially)	12th October 2015	2015/1475
Section 25 (partially)	12th October 2015	2015/1670
Section 28(1) and (2)	6th April 2016	2015/1475
Section 28(3)	7th July 2015	2015/1475
Section 33 (partially)	11th September 2014	2014/2377
Section 36	1st October 2015	2015/134
Sections 37 and 38	11th September 2014	2014/2377
Section 39	12th September 2014	2014/2377
Section 40	11th September 2014	2014/2377
Sections 42 and 43	11th September 2014	2014/2377
Sections 45 and 46	11th September 2014	2014/2377
Section 49	11th September 2014	2014/2377
Section 52	23rd July 2014	2014/1965
Paragraph 4 of Schedule 8 (partially)	5th February 2015	2015/134
Paragraph 4 of Schedule 10 (partially)	5th February 2015	2015/134
Paragraph 11 of Schedule 11 (partially)	5th February 2015	2015/134
Paragraphs 2 and 6(1) and (3) of Schedule 12 (partially)	15th January 2016	2015/2058
Paragraphs 8 and 88 of Schedule 12 (partially)	7th July 2015	2015/1475
Paragraphs 25 and 90 of Schedule 12	7th July 2015	2015/1475
Paragraphs 96 and 97(b) of Schedule 12	1st October 2014	2014/2377
Paragraphs 1, 24 and 25 of Schedule 13 (partially)	7th July 2015	2015/1475
Schedule 14	23rd February 2015	2015/134
Paragraphs 1 to 10 and 12 to 14 of Schedule 15	12th October 2015	2015/1475
Paragraphs 3, 7 and 17 of Schedule 15 (partially)	1st October 2014	2014/2377
Paragraphs 11 and 20 of Schedule 15	13th October 2014	2014/2727
Paragraphs 15 to 19, 21 and 22 of Schedule 15	12th October 2015	2015/1670
Paragraph 15(1) of Schedule 17 (partially)	11th September 2014	2014/2377
Schedules 18 and 19	11th September 2014	2014/2377

(1)

2014 c.19.