# Pensions Act 2014, Paragraph 6


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.”

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Source: https://www.legislation.gov.uk/ukpga/2014/19/schedule/11/paragraph/6 (the official version)
Page: https://openlegislation.uk/pensions-act-2014/schedule-11/paragraph-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

