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PART 5STATE PENSION CREDIT

State Pension Credit

29.—(1) Any reference in this article to a numbered regulation or Schedule is a reference to the regulation of, or the Schedule to, the State Pension Credit Regulations bearing that number.

(2) In regulation 6(1) (amount of the guarantee credit)—

(a)in paragraph (1)(a) for “£306.85” substitute “£332.95”;

(b)in paragraph (1)(b) for “£201.05” substitute “£218.15”;

(c)in paragraph (5)(a) for “£76.40” substitute “£81.50”;

(d)in paragraph (5)(b) for “£152.80” substitute “£163.00”; and

(e)in paragraph (8) for “£42.75” substitute “£45.60”.

(3) In regulation 7(2)(2) (savings credit) for “£174.49” and “£277.12” substitute “£189.80” and “£301.22” respectively.

(4) In paragraph 14 of Schedule II(3) (persons residing with the claimant)—

(a)in sub-paragraph (1)(a) for “£116.75” substitute “£124.55”;

(b)in sub-paragraph (1)(b) for “£18.10” substitute “£19.30”;

(c)in sub-paragraph (2)(a) for “£162.00” substitute “£176.00”;

(d)in sub-paragraph (2)(b)—

(i)for “£41.60” substitute “£44.40”;

(ii)for “£162.00” substitute “£176.00”; and

(iii)for “£236.00” substitute “£256.00”;

(e)in sub-paragraph (2)(c)—

(i)for “£57.10” substitute “£60.95”;

(ii)for “£236.00” substitute “£256.00”; and

(iii)for “£308.00” substitute “£334.00”;

(f)in sub-paragraph (2)(d)—

(i)for “£93.40” substitute “£99.65”;

(ii)for “£308.00” substitute “£334.00”; and

(iii)for “£410.00” substitute “£445.00”; and

(g)in sub-paragraph (2)(e)—

(i)for “£106.35” substitute “£113.50”;

(ii)for “£410.00” substitute “£445.00”; and

(iii)for “£511.00” substitute “£554.00”.

(5) In paragraph 9 of Schedule IIA(4) (additional amount applicable for claimants responsible for a child or qualifying young person)—

(a)in sub-paragraph (1)(a) for “£61.88” substitute “£66.29”; and

(b)in sub-paragraph (1)(b)—

(i)for “£33.67” substitute “£35.93”; and

(ii)for “£104.86” substitute “£112.21”.

(6) In paragraph 10 of Schedule IIA for “£72.31” substitute “£76.79”.

(7) In paragraph 1 of Schedule III(5) (polygamous marriages)—

(a)in sub-paragraph (5), in the substituted paragraph (1) of regulation 6, for “£306.85” and “£105.80” substitute “£332.95” and “£114.80” respectively; and

(b)in sub-paragraph (7), in the substituted paragraph (2) of regulation 7, for “£277.12” substitute “£301.22”.

(1)

Relevant amending instruments are S.I. 2015/1754, 2018/676 and 2023/316.

(2)

Relevant amending instrument is S.I. 2023/316.

(3)

Relevant amending instruments are S.I. 2002/3197, 2004/2327, 2006/2378 and 2023/316.

(4)

Schedule IIA was inserted by S.I. 2018/676. Relevant amending instrument is S.I. 2023/316.

(5)

Relevant amending instruments are S.I. 2002/3197 and 2023/316.