PART 2SOCIAL SECURITY BENEFITS AND PENSIONS
Increase in rates or amounts of certain pensions under Part 1 of the Pensions ActI16
1
In regulation 1A of the State Pension Regulations 201537 (full rate of state pension) for “£185.15” substitute “£203.85”
.
2
It is directed38 that the sums which are increases under section 17 of the Pensions Act in the rates of state pensions under Part 1 of that Act shall be increased by 10.1 per cent.
3
The amounts which, under—
a
section 9 of the Pensions Act, are survivor’s pensions based on inheritance of deferred old state pension;
b
paragraph 4(3) of Schedule 2 to the Pensions Act, are the amounts of state pensions under Part 1 of the Pensions Act at the transitional rate which exceed the full rate;
c
paragraphs 5(3) and 6 of Schedule 4 to the Pensions Act, are the amounts of survivor’s pensions which either alone or in combination with one or more other pensions under Part 1 of that Act exceed the full rate; and
d
paragraphs 5(3) and 6 of Schedule 9 to the Pensions Act, are the amounts of shared state pensions under Part 1 of the Pensions Act which either alone or in combination with one or more other pensions under Part 1 of that Act exceed the full rate,
shall in each case be increased by 10.1 per cent.
4
For the purpose of this article, “old state pension” has the same meaning as in section 22 of the Pensions Act.