{
  "url": "https://openlegislation.uk/pensions-act-2014/schedule-11/paragraph-13",
  "json_url": "https://openlegislation.uk/pensions-act-2014/schedule-11/paragraph-13.json",
  "legislation": "ukpga/2014/19",
  "legislation_title": "Pensions Act 2014",
  "legislation_url": "https://openlegislation.uk/pensions-act-2014",
  "path": "schedule/11/paragraph/13",
  "kind": "paragraph",
  "number": "13",
  "heading": null,
  "text": "After section 49 insert—\n“Creation of debits and credits: transferor in new state pension system and sharing activated on or after 6 April 2016\n49A (1) This section applies if—\n(a) the transferor is in the new state pension system, and\n(b) the transfer day is 6 April 2016 or any later date.\n(2) Where this section applies because of a relevant order or provision—\n(a) the transferor is subject, for the purposes of section 14 of the Pensions Act 2014, to a debit of the shared weekly amount, and\n(b) the transferee is entitled, for the purposes of the relevant state pension legislation, to a credit of the shared weekly amount.\n(3) The shared weekly amount is the specified percentage of the excess amount of the transferor's state pension under section 4 of the Pensions Act 2014 as at the transfer day.\n(4) For the purposes of calculating the shared weekly amount—\n(a) a transferor who is under pensionable age on the transfer day is to be treated as having reached pensionable age and to have become entitled to the state pension under section 4 of the Pensions Act 2014 on the transfer day;\n(b) a transferor who has reached pensionable age on the transfer day but who has not yet become entitled to the state pension under section 4 of the Pensions Act 2014 is to be treated as having become entitled to the pension on that day.\n(5) In this section—\n“the excess amount” has the meaning given by section 47(4);\n“relevant order or provision” means the order or provision by virtue of which this section applies (see section 48);\n“the relevant state pension legislation”—\n(a)in relation to a transferee in the old state pension system, means Part 2 of the Contributions and Benefits Act, and\n(b)in relation to a transferee in the new state pension system, means Part 1 of the Pensions Act 2014;\n“specified percentage” means the percentage specified in the relevant order or provision for the purposes of subsection (3);\n“transfer day” means the day on which the relevant order or provision takes effect;\n“transferor” means the person to whose rights the relevant order or provision relates;\n“transferee” means the person for whose benefit the relevant order or provision is made.”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 11 para. 13 in force at 6.4.2016, see s. 56(1)(4)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2014/19/schedule/11/paragraph/13",
    "retrieved_at": "2026-10-29T09:07:37.828516+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}