{
  "url": "https://openlegislation.uk/state-pension-credit-regulations-northern-ireland-2003/regulation-7",
  "json_url": "https://openlegislation.uk/state-pension-credit-regulations-northern-ireland-2003/regulation-7.json",
  "legislation": "nisr/2003/28",
  "legislation_title": "The State Pension Credit Regulations (Northern Ireland) 2003",
  "legislation_url": "https://openlegislation.uk/state-pension-credit-regulations-northern-ireland-2003",
  "path": "regulation/7",
  "kind": "regulation",
  "number": "7",
  "heading": "Savings Credit",
  "text": "(1) The percentage prescribed for the purposes of determining –\n(a) the maximum savings credit is 60 per cent.;\n(b) “amount A” in section 3(4) of the Act is 60 per cent.;\n(c) “amount B” in section 3(4) of the Act is 40 per cent..\n(2) The amount prescribed for the savings credit threshold is £126∙50 for a claimant who has no partner and £201∙80 for a claimant who has a partner.\n(3) The maximum savings credit shall be taken to be nil in the case of –\n(a) prisoners, and\n(b) members of religious orders who are fully maintained by their order.\n(4) If a calculation made for the purposes of paragraph (1)(b) or (c) results in a fraction of a penny, that fraction shall, if it would be to the claimant’s advantage, be treated as a penny, otherwise it shall be disregarded.",
  "extent": "N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in reg. 7(1)(a)-(c) confirmed (7.4.2003) by The Social Security Benefits Up-rating Order (Northern Ireland) 2003 (S.R. 2003/155), arts. 1(1)(d), 24(3)(a)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Sums in Reg. 7(2) substituted (coming into force in accordance with art. 1(1)(k) of the amending Rule) by The Social Security Benefits Up-rating Order (Northern Ireland) 2015 (S.R. 2015/124), arts. 1(1)(k), 24(3)(b)"
    },
    {
      "type": "C",
      "label": "C1",
      "text": "Reg. 7(1)(a)(b)(c): sums confirmed (12.4.2004) by The Social Security Benefits Up-rating Order (Northern Ireland) 2004 (S.R. 2004/82), arts. 1(1)(e), 24(3)(a)"
    },
    {
      "type": "C",
      "label": "C2",
      "text": "Reg. 7(1)(a)(b)(c): sums confirmed (11.4.2005) by The Social Security Benefits Up-rating Order (Northern Ireland) 2005 (S.R. 2005/82), arts. 1(1)(f), 24(3)(a)"
    },
    {
      "type": "C",
      "label": "C3",
      "text": "Reg. 7(1)(a)(b)(c): sums confirmed (with effect in accordance with arts. 1(2), 6 of the amending Rule) by The Social Security Benefits Up-rating Order (Northern Ireland) 2006 (S.R. 2006/109), arts. 1(1)(g), 24(3)(a)"
    },
    {
      "type": "C",
      "label": "C4",
      "text": "Reg. 7(1)(a)(b)(c): sums confirmed (coming into operation in accordance with art. 1(1)(l) of the amending Rule) by The Social Security Benefits Up-rating Order (Northern Ireland) 2007 (S.R. 2007/153), art. 24(3)(a)"
    },
    {
      "type": "C",
      "label": "C5",
      "text": "Reg. 7(1)(a)-(c): sums confirmed (coming into force in accordance with art. 1(1)(l) of the amending Rule) by The Social Security Benefits Up-rating Order (Northern Ireland) 2008 (revoked) 2008 (S.R. 2008/92), art. 24(3)(a)"
    },
    {
      "type": "C",
      "label": "C6",
      "text": "Reg. 7(1)(a)-(c): sums confirmed (coming into force in accordance with art. 1(1)(k) of the amending Rule) by The Social Security Benefits Up-rating Order (Northern Ireland) 2009 (revoked) 2009 (S.R. 2009/89), art. 24(3)(a)"
    },
    {
      "type": "C",
      "label": "C7",
      "text": "Reg. 7(1)(a)-(c): sum confirmed (coming into force in accordance with art. 1(1)(l) of the amending Rule) by The Social Security Benefits Up-rating Order (Northern Ireland) 2010 (revoked) 2010 (S.R. 2010/118), art. 24(3)(a)"
    },
    {
      "type": "C",
      "label": "C8",
      "text": "Reg. 7(1)(a)-(c) percentages confirmed (coming into force in accordance with art. 1(1)(l) of the amending Rule) by The Social Security Benefits Up-rating Order (Northern Ireland) 2011 (revoked) 2011 (S.R. 2011/119), arts. 1(1)(l), 25(3)(a)"
    },
    {
      "type": "C",
      "label": "C9",
      "text": "Reg. 7(1)(a)-(c) percentages confirmed (coming into force in accordance with art. 1(1)(l) of the amending Rule) by The Social Security Benefits Up-rating Order (Northern Ireland) 2012 (S.R. 2012/116), arts. 1(1)(l), 25(3)(a)"
    },
    {
      "type": "C",
      "label": "C10",
      "text": "Reg. 7(1)(a)-(c) percentages confirmed (coming into force in accordance with art. 1(1)(k) of the amending Rule) by The Social Security Benefits Up-rating Order (Northern Ireland) 2013 (S.R. 2013/69), arts. 1(1)(k), 24(3)(a)"
    },
    {
      "type": "C",
      "label": "C11",
      "text": "Reg. 7(1)(a)-(c) percentages confirmed (coming into force in accordance with art. 1(1)(k) of the amending Rule) by The Social Security Benefits Up-rating Order (Northern Ireland) 2014 (revoked) 2014 (S.R. 2014/78), arts. 1(1)(k), 24(3)(a)"
    },
    {
      "type": "C",
      "label": "C12",
      "text": "Reg. 7(1)(a)-(c) percentages confirmed (coming into force in accordance with art. 1(1)(k) of the amending Rule) by The Social Security Benefits Up-rating Order (Northern Ireland) 2015 (revoked) 2015 (S.R. 2015/124), arts. 1(1)(k), 24(3)(a)"
    },
    {
      "type": "C",
      "label": "C13",
      "text": "Reg. 7(2): sums confirmed (7.4.2003) by The Social Security Benefits Up-rating Order (Northern Ireland) 2003 (S.R. 2003/155), arts. 1(1)(d), 24(3)(b)"
    },
    {
      "type": "C",
      "label": "C14",
      "text": "Reg. 7(3): sum specified (7.4.2003) by The Social Security Benefits Up-rating Order (Northern Ireland) 2003 (S.R. 2003/155), arts. 1(1)(d), 24(6), Sch. 14"
    },
    {
      "type": "C",
      "label": "C15",
      "text": "Reg. 7(3): sum specified (12.4.2004) by The Social Security Benefits Up-rating Order (Northern Ireland) 2004 (S.R. 2004/82), arts. 1(1)(e), 24(6), Sch. 16"
    },
    {
      "type": "C",
      "label": "C16",
      "text": "Reg. 7(3): sum specified (11.4.2005) by The Social Security Benefits Up-rating Order (Northern Ireland) 2005 (S.R. 2005/82), arts. 1(1)(f), 24(6), Sch. 16"
    },
    {
      "type": "C",
      "label": "C17",
      "text": "Reg. 7(3): sum specified (with effect in accordance with arts. 1(2), 6 of the amending Rule) by The Social Security Benefits Up-rating Order (Northern Ireland) 2006 (S.R. 2006/109), arts. 1(1)(g), 24(6), Sch. 16"
    },
    {
      "type": "C",
      "label": "C18",
      "text": "Reg. 7(3): sum specified (coming into operation in accordance with art. 1(1)(l) of the amending Rule) by The Social Security Benefits Up-rating Order (Northern Ireland) 2007 (S.R. 2007/153), art. 24(6), Sch. 16"
    },
    {
      "type": "C",
      "label": "C19",
      "text": "Reg. 7(3): sum specified (coming into force in accordance with art. 1(1)(l) of the amending Rule) by The Social Security Benefits Up-rating Order (Northern Ireland) 2008 (revoked) 2008 (S.R. 2008/92), art. 24(6), Sch. 16"
    },
    {
      "type": "C",
      "label": "C20",
      "text": "Reg. 7(3): sums specified (coming into force in accordance with art. 1(1)(k) of the amending Rule) by The Social Security Benefits Up-rating Order (Northern Ireland) 2009 (revoked) 2009 (S.R. 2009/89), art. 24(6), Sch. 13"
    },
    {
      "type": "C",
      "label": "C21",
      "text": "Reg. 7(3): sum specified (coming into force in accordance with art. 1(1)(l) of the amending Rule) by The Social Security Benefits Up-rating Order (Northern Ireland) 2010 (revoked) 2010 (S.R. 2010/118), art. 24(6), Sch. 13"
    },
    {
      "type": "C",
      "label": "C22",
      "text": "Reg. 7(3): sum specified (coming into force in accordance with art. 1(1)(l) of the amending Rule) by The Social Security Benefits Up-rating Order (Northern Ireland) 2011 (revoked) 2011 (S.R. 2011/119), arts. 1(1)(l), 25(6), Sch. 13"
    },
    {
      "type": "C",
      "label": "C23",
      "text": "Reg. 7(3): sum specified (coming into force in accordance with art. 1(1)(l) of the amending Rule) by The Social Security Benefits Up-rating Order (Northern Ireland) 2012 (S.R. 2012/116), arts. 1(1)(l), 25(6), Sch. 13"
    },
    {
      "type": "C",
      "label": "C24",
      "text": "Reg. 7(3): sum specified (coming into force in accordance with art. 1(1)(k) of the amending Rule) by The Social Security Benefits Up-rating Order (Northern Ireland) 2013 (S.R. 2013/69), arts. 1(1)(k), 24(6), Sch. 13"
    },
    {
      "type": "C",
      "label": "C25",
      "text": "Reg. 7(3): sum specified (coming into force in accordance with art. 1(1)(k) of the amending Rule) by The Social Security Benefits Up-rating Order (Northern Ireland) 2014 (revoked) 2014 (S.R. 2014/78), arts. 1(1)(k), 24(6), Sch. 13"
    },
    {
      "type": "C",
      "label": "C26",
      "text": "Reg. 7(3): sum specified (coming into force in accordance with art. 1(1)(k) of the amending Rule) by The Social Security Benefits Up-rating Order (Northern Ireland) 2015 (revoked) 2015 (S.R. 2015/124), arts. 1(1)(k), 24(6), Sch. 13"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 7 in operation at 6.10.2003, see reg. 1(1)"
    }
  ],
  "outstanding_effects": [
    {
      "type": "sums substituted",
      "affecting": "nisr/2016/110",
      "affecting_title": "The Social Security Benefits (Adjustment of Amounts and Thresholds) Regulations (Northern Ireland) 2016"
    },
    {
      "type": "percentages confirmed",
      "affecting": "nisr/2017/187",
      "affecting_title": "The Social Security Benefits Up-rating (No. 2) Order (Northern Ireland) 2017 (revoked)"
    },
    {
      "type": "percentages confirmed",
      "affecting": "nisr/2017/56",
      "affecting_title": "The Social Security Benefits Up-rating Order (Northern Ireland) 2017 (revoked)"
    },
    {
      "type": "sums substituted",
      "affecting": "nisr/2017/187",
      "affecting_title": "The Social Security Benefits Up-rating (No. 2) Order (Northern Ireland) 2017 (revoked)"
    },
    {
      "type": "sums substituted",
      "affecting": "nisr/2017/56",
      "affecting_title": "The Social Security Benefits Up-rating Order (Northern Ireland) 2017 (revoked)"
    },
    {
      "type": "sum specified",
      "affecting": "nisr/2017/187",
      "affecting_title": "The Social Security Benefits Up-rating (No. 2) Order (Northern Ireland) 2017 (revoked)"
    },
    {
      "type": "sum specified",
      "affecting": "nisr/2017/56",
      "affecting_title": "The Social Security Benefits Up-rating Order (Northern Ireland) 2017 (revoked)"
    },
    {
      "type": "percentages confirmed",
      "affecting": "nisr/2018/56",
      "affecting_title": "The Social Security (2017 Benefits Up-rating) Order (Northern Ireland) 2018 (revoked)"
    },
    {
      "type": "sums substituted",
      "affecting": "nisr/2018/167",
      "affecting_title": "The Social Security Benefits Up-rating (No. 2) Order (Northern Ireland) 2018 (revoked)"
    },
    {
      "type": "sums substituted",
      "affecting": "nisr/2018/58",
      "affecting_title": "The Social Security Benefits Up-rating Order (Northern Ireland) 2018 (revoked)"
    },
    {
      "type": "sums substituted",
      "affecting": "nisr/2018/56",
      "affecting_title": "The Social Security (2017 Benefits Up-rating) Order (Northern Ireland) 2018 (revoked)"
    },
    {
      "type": "sum specified",
      "affecting": "nisr/2018/56",
      "affecting_title": "The Social Security (2017 Benefits Up-rating) Order (Northern Ireland) 2018 (revoked)"
    },
    {
      "type": "sums substituted",
      "affecting": "nisr/2019/188",
      "affecting_title": "The Social Security Benefits Up-rating (No. 2) Order (Northern Ireland) 2019 (revoked)"
    },
    {
      "type": "sums substituted",
      "affecting": "nisr/2019/58",
      "affecting_title": "The Social Security Benefits Up-rating Order (Northern Ireland) 2019 (revoked)"
    },
    {
      "type": "sums substituted",
      "affecting": "nisr/2019/46",
      "affecting_title": "The Social Security (2018 Benefits Up-rating) Order (Northern Ireland) 2019 (revoked)"
    },
    {
      "type": "sums substituted",
      "affecting": "nisr/2020/40",
      "affecting_title": "The Social Security Benefits Up-rating Order (Northern Ireland) 2020 (revoked)"
    },
    {
      "type": "sums substituted",
      "affecting": "nisr/2021/82",
      "affecting_title": "The Social Security Benefits Up-rating Order (Northern Ireland) 2021 (revoked)"
    },
    {
      "type": "sums substituted",
      "affecting": "nisr/2022/231",
      "affecting_title": "The Social Security Benefits Up-rating (No. 2) Order (Northern Ireland) 2022 (revoked)"
    },
    {
      "type": "sums substituted",
      "affecting": "nisr/2022/143",
      "affecting_title": "The Social Security Benefits Up-rating Order (Northern Ireland) 2022 (revoked)"
    },
    {
      "type": "sums substituted",
      "affecting": "nisr/2023/150",
      "affecting_title": "The Social Security Benefits Up-rating (No. 3) Order (Northern Ireland) 2023 (revoked)"
    },
    {
      "type": "sums substituted",
      "affecting": "nisr/2023/43",
      "affecting_title": "The Social Security Benefits Up-rating Order (Northern Ireland) 2023 (revoked)"
    },
    {
      "type": "sums substituted",
      "affecting": "nisr/2023/27",
      "affecting_title": "The Social Security (2022 Benefits Up-rating) Order (Northern Ireland) 2023 (revoked)"
    },
    {
      "type": "sums substituted",
      "affecting": "nisr/2024/73",
      "affecting_title": "The Social Security Benefits Up-rating Order (Northern Ireland) 2024 (revoked)"
    },
    {
      "type": "sums substituted",
      "affecting": "nisr/2024/69",
      "affecting_title": "The Social Security (2023 Benefits Up-rating) Order (Northern Ireland) 2024 (revoked)"
    },
    {
      "type": "sums substituted",
      "affecting": "nisr/2025/64",
      "affecting_title": "The Social Security Benefits Up-rating Order (Northern Ireland) 2025"
    },
    {
      "type": "sums substituted",
      "affecting": "nisr/2026/59",
      "affecting_title": "The Social Security Benefits Up-rating Order (Northern Ireland) 2026"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nisr/2003/28/regulation/7",
    "retrieved_at": "2026-10-29T02:05:09.593277+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}