# The Social Security Class 3A Contributions (Units of Additional Pension) Regulations 2014 Draft 2014, ISBN 9780111121689 Paragraph 3 of Schedule 15 to the Pensions Act 2014 (c. 19) inserted section 14A into the Social Security Contributions and Benefits Act 1992 (“the Act”) (c. 4). Paragraph 17 of Schedule 15 to the Pensions Act 2014 inserted section 14A into the Social Security Contributions and Benefits (Northern Ireland) Act 1992 (“the Northern Ireland Act”) (c.7). Section 14A of both the Act and the Northern Ireland Act gives an eligible person the right to pay a Class 3A national insurance contribution to obtain a unit of additional state pension. Made under: Social Security Contributions and Benefits Act 1992 PDFs: Printed copy https://openlegislation.uk/draft-social-security-class-3a-contributions-units-of-additional-pension-regulations-2014/pdf/ukdsi_9780111121689_en.pdf; UK Draft Explanatory Memorandum https://openlegislation.uk/draft-social-security-class-3a-contributions-units-of-additional-pension-regulations-2014/pdf/ukdsiem_9780111121689_en.pdf ## Introductory text Draft Regulations laid before Parliament under section 176(1)(a) of the Social Security Contributions and Benefits Act 1992, and section 172(11A) of the Social Security Contributions and Benefits (Northern Ireland) Act 1992 for approval by resolution of each House of Parliament. Social Security Made *** Coming into force *** These Regulations are made by the Treasury and the Secretary of State. The powers exercised by the Treasury are those conferred by section 14A(3) (the Treasury having consulted the Government Actuary) and 14A(6) of, and paragraph 8(1)(q) of Schedule 1 to, the Social Security Contributions and Benefits Act 1992 and section 14A(3) (the Treasury having consulted the Government Actuary) and 14A(6) of, and paragraph 8(1)(q) of Schedule 1 to, the Social Security Contributions and Benefits (Northern Ireland) Act 1992 and now exercisable by them. The powers exercised by the Secretary of State are those conferred by section 45(2A) of the Social Security Contributions and Benefits Act 1992. Regulation 4 of this instrument is made before the end of the period of six months beginning with the coming into force of the relevant amendments made to the Social Security Contributions and Benefits Act 1992. ## 1 Citation and commencement (1) These Regulations may be cited as the Social Security Class 3A Contributions (Units of Additional Pension) Regulations 2014. (2) These Regulations come into force in Great Britain on 12th October 2015. (3) Regulations 1, 2 and 3 come into force in Northern Ireland on the same day as the coming into force for all purposes of paragraph 17 of Schedule 15 to the Pensions Act 2014. ## 2 Determination of amount of a Class 3A contribution needed to obtain a unit of additional pension (1) The amount of a Class 3A contribution needed by an eligible person to obtain a unit of additional pension is determined by the Table, subject to paragraph (2). Age of person on the date of payment Amount of Class 3A contribution needed to obtain a unit of additional pension 62 (women only) £956 63 (women only) £934 64 (women only) £913 65 £890 66 £871 67 £847 68 £827 69 £801 70 £779 71 £761 72 £738 73 £719 74 £694 75 £674 76 £646 77 £625 78 £596 79 £574 80 £544 81 £514 82 £484 83 £454 84 £424 85 £394 86 £366 87 £339 88 £314 89 £291 90 £270 91 £251 92 £232 93 £216 94 £200 95 £185 96 £172 97 £159 98 £148 99 £137 100 and over £127 (2) If an eligible person pays a Class 3A contribution before reaching pensionable age the amount of contribution needed to obtain a unit of additional pension is the amount that that person would have needed to pay if on the date of payment the person had reached pensionable age. (3) The date of payment for a Class 3A contribution is the date the contribution is received by Her Majesty’s Revenue and Customs. ## 3 Maximum number of units of additional pension The maximum number of units of additional pension that a person may obtain is 25. ## 4 Specified amount for each unit of additional pension The specified amount for the purposes of section 45(1)(b) and (2)(e) of the Social Security Contributions and Benefits Act 1992 (the additional pension in a category A retirement pension) is £1. ## Signature Name Name Two of the Lords Commissioners of Her Majesty’s Treasury Date Name Minister of State Department for Work and Pensions Date ## Explanatory note (This note is not part of the Regulations) Paragraph 3 of Schedule 15 to the Pensions Act 2014 (c. 19) inserted section 14A into the Social Security Contributions and Benefits Act 1992 (“the Act”) (c. 4). Paragraph 17 of Schedule 15 to the Pensions Act 2014 inserted section 14A into the Social Security Contributions and Benefits (Northern Ireland) Act 1992 (“the Northern Ireland Act”) (c.7). Section 14A of both the Act and the Northern Ireland Act gives an eligible person the right to pay a Class 3A national insurance contribution to obtain a unit of additional state pension. Regulation 1 provides that these Regulations come into force on 12th October 2015 in Great Britain. In Northern Ireland regulations 1, 2 and 3 come into force on the same day as paragraph 17 of Schedule 15 to the Pensions Act 2014 is brought into force for all purposes by an appointed day order. Regulation 2 determines the amount of a Class 3A contribution needed to obtain a unit of additional pension. This is by reference to the age of the person who is paying the contribution. Where a person has not reached state pension age on the date of payment but will do so before 6th April 2016 (when Category A, Category B and Category D retirement pensions will be replaced) the amount of contribution needed to obtain a unit of additional pension is the amount that would be needed if the person had reached pensionable age. Regulation 3 specifies that the maximum number of units of additional pension that a person can obtain is 25. Regulation 4 specifies the amount a person will receive in return for each unit of additional pension. This regulation only applies to Great Britain. A Tax Information and Impact Note will be published on the HMRC website at http://www.hmrc.gov.uk/thelibrary/tiins.htm. --- Source: https://www.legislation.gov.uk/ukdsi/2014/9780111121689 (the official version) Page: https://openlegislation.uk/draft-social-security-class-3a-contributions-units-of-additional-pension-regulations-2014 Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.