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Paragraph 5

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

If, in calculating the amount of a retirement pension, there is taken into account any period of employment after 2nd April 1961 and before 6th April 1975 which was not non-participating employment the pension is, except as provided in paragraphs 7 and 8, reduced, for each year of such period, and proportionately for part of a year, by the appropriate amount specified in Table 2 below.

TABLE 2

Annual rate of salary during periodReduction in retirement pension for each whole year of period
From 3rd April 1961 to 5th January 1964
MenWomen
From 6th January 1964 to 5th April 1975
MenWomen
££££
Not exceeding £468nilnilnilnil
Over £468 but not exceeding £5200.190.160.190.16
Over £520 but not exceeding £5720.580.480.580.48
Over £572 but not exceeding £6240.960.800.960.80
Over £624 but not exceeding £6761.351.121.351.12
Over £676 but not exceeding £7281.731.441.731.44
Over £728 but not exceeding £7802.121.762.121.76
Over £780 but not exceeding £8322.311.922.512.09
Over £832 but not exceeding £8842.311.922.902.42
Over £884 but not exceeding £9362.311.923.292.74
Over £9362.311.923.482.90