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Explanatory note

Original text. Later amendments are not shown.

(This note is not part of the Regulations)

These Regulations amend regulation 2 of the Social Security (Graduated Retirement Benefit) (No. 2) Regulations 1978 (S.I. 1978/393) which applies sections 63and 64 of the Social Security Act 1986 (c. 50) to graduated retirement benefit. Section 63 makes provision for the up-rating of social security benefits and section 64 sets out what is the effect of an alteration of rates of benefit. The amendment in regulation 2 of these Regulations sets out how sections 63 and 64 are to apply to graduated retirement benefit.