Regulation 11 Apportionment of payments by way of occupational or personal pension made otherwise than weekly

England, Wales and Scotland

For the purpose of section 89 (earnings to include occupational or personal pension F1or PPF periodic payment for certain purposes) in so far as it relates to incapacity benefit, where payment by way of occupational or personal pension or PPF periodic payment is for any period made otherwise than weekly, the amount of any such payment for any week in that period shall be determined–

(a)

where payment is made for a year, by dividing the total by 52;

(b)

where payment is made for three months, by dividing the total by 13;

(c)

where payment is made for a month, by multiplying the total by 12 and dividing the result by 52;

(d)

where payment is made for two or more months, otherwise than for a year or for three months, by dividing the total by the number of months, multiplying the result by 12 and dividing the result of that multiplication by 52; or

(e)

in any other case, by dividing the amount of the payment by the number of days in the period for which it is made and multiplying the result by 7.

Annotations

Textual amendments

F1: Words in reg. 11 inserted (5.5.2006) by The Social Security (PPF Payments and FAS Payments) (Consequential Amendments) Regulations 2006 (S.I. 2006/1069), regs. 1(1), 3