{
  "url": "https://openlegislation.uk/welfare-reform-and-pensions-act-1999/section-49A",
  "json_url": "https://openlegislation.uk/welfare-reform-and-pensions-act-1999/section-49A.json",
  "legislation": "ukpga/1999/30",
  "legislation_title": "Welfare Reform and Pensions Act 1999",
  "legislation_url": "https://openlegislation.uk/welfare-reform-and-pensions-act-1999",
  "path": "section/49A",
  "kind": "section",
  "number": "49A",
  "heading": "Creation of debits and credits: transferor in new state pension system and sharing activated on or after 6 April 2016",
  "text": "(1) This section applies if—\n(a) the transferor is in the new state pension system, and\n(b) the transfer day is 6 April 2016 or any later date.\n(2) Where this section applies because of a relevant order or provision—\n(a) the transferor is subject, for the purposes of section 14 of the Pensions Act 2014, to a debit of the shared weekly amount, and\n(b) the transferee is entitled, for the purposes of the relevant state pension legislation, to a credit of the shared weekly amount.\n(3) The shared weekly amount is the specified percentage of the excess amount of the transferor's state pension under section 4 of the Pensions Act 2014 as at the transfer day.\n(4) For the purposes of calculating the shared weekly amount—\n(a) a transferor who is under pensionable age on the transfer day is to be treated as having reached pensionable age and to have become entitled to the state pension under section 4 of the Pensions Act 2014 on the transfer day;\n(b) a transferor who has reached pensionable age on the transfer day but who has not yet become entitled to the state pension under section 4 of the Pensions Act 2014 is to be treated as having become entitled to the pension on that day.\n(5) In this section—\n“the excess amount” has the meaning given by section 47(4);\n“relevant order or provision” means the order or provision by virtue of which this section applies (see section 48);\n“the relevant state pension legislation”—\n(a)in relation to a transferee in the old state pension system, means Part 2 of the Contributions and Benefits Act, and\n(b)in relation to a transferee in the new state pension system, means Part 1 of the Pensions Act 2014;\n“specified percentage” means the percentage specified in the relevant order or provision for the purposes of subsection (3);\n“transfer day” means the day on which the relevant order or provision takes effect;\n“transferor” means the person to whose rights the relevant order or provision relates;\n“transferee” means the person for whose benefit the relevant order or provision is made.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "S. 49A inserted (6.4.2016 unless brought into force earlier by an order under s. 56(1) of the amending Act) by Pensions Act 2014 (c. 19), s. 56(4), Sch. 11 para. 13"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1999/30/section/49A",
    "retrieved_at": "2026-10-29T09:21:37.576921+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."
}