Regulation 2 Amendment of the State Pension Regulations 2015

For regulation 1(4) of the State Pension Regulations 2015 (interpretation), substitute—

“(4)

In these Regulations—

• “the 1965 Act” means the National Insurance Act 1965^f1;

• “the 2014 Act” means the Pensions Act 2014;

• “deferral period” means the period during which a person’s entitlement to a state pension under Part 1 of the 2014 Act is deferred;

• “graduated retirement benefit” means any benefit under section 36 (graduated retirement benefit) or 37 (special provisions as to graduated retirement benefit for widows) of the 1965 Act^f2.”.