Paragraph 6 I1

After section 55A insert—

“Shared additional pension because of a new state scheme pension credit

55AA

(1)

A person is entitled to a shared additional pension under this section if—

(a)

the person reached pensionable age before 6 April 2016, and

(b)

the person is entitled to a new state scheme pension credit.

(2)

A person's entitlement to a shared additional pension under this section continues throughout his or her life.

(3)

The weekly rate of a shared additional pension under this section is equal to the amount of the new state scheme pension credit.

(4)

In this section “new state scheme pension credit” means a credit under section 49A(2)(b) of the Welfare Reform and Pensions Act 1999.”