Section 14 Pension sharing: reduction in the sharer's section 4 pensionI1
The rate of a person's state pension under section 4 is reduced under this section if the person is subject to a state scheme pension debit.
The amount by which the rate is reduced is the amount of the appropriate weekly reduction set out in Schedule 10.
A person's state pension may be reduced more than once under this section.
In this Part—
“state scheme pension debit” means—
a new state scheme pension debit, or
an old state scheme pension debit;
“new state scheme pension debit” means a debit under section 49A(2)(a) of the Welfare Reform and Pensions Act 1999;
“old state scheme pension debit” means a debit under section 49(1)(a) of that Act.
Annotations
Commencement
- I1
S. 14 in force at 6.4.2016 so far as not brought into force earlier by an order, see s. 56(1)(4)
- I2
S. 14(2) in force at 5.2.2015 for specified purposes by S.I. 2015/134, art. 2(1)(4)(j)