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Social Security Act 1985

Consolidated Text As Enacted Cited authorities 134 Cited in Amendments 218 Related
Vincent
JurisdictionUK Non-devolved
Citation1985 c. 53
Year1985
  • Paragraph 6(1) (a) of Schedule 16 to the
    • (a) to introduce a premium payable in certain cases where an earner ceases to be in employment to which an occupational pension scheme applies and there is a transfer of his accrued rights;(b) to provide for the extinguishment of the liability of schemes to provide benefits which are secured by policies of insurance or annuity contracts;(c) to make further provision as to the revaluation of benefits under schemes; and(d) to ensure that schemes provide transfer values for their members.
  • The Social Security Pensions Act 1975 shall be amended in accordance with Schedule 2 to this Act in relation to information about occupational pension schemes.
  • The Social Security Pensions Act 1975 and the
    • of F46the Social Security Acts 1975 to 1991; orof the of Part VI of the Social Security Pensions Act 1975(2) F48Section 61B of the Social Security Pensions Act 1975shall apply to the power to make regulations under subsection (1) above as it applies to powers to make regulations under that Act.(3) Regulations made under this section shall be subject to annulment in pursuance of a resolution of either House of Parliament.(4) In this section “occupational pension scheme” has the meaning assigned to it by section 66 of the Social Security Pensions Act 1975.(1) In subsection (1) of section 41A of the Social Security Pensions Act 1975 (protection of earners’ pensions) , the following words shall be substituted for the words from “than” to the end—
    • (i) in a case where by virtue of paragraph 9(2) (b) of Schedule 16 to the Social Security Act 1973 a pension is provided by way of complete substitute for short service benefit, than the weekly rate of that pension; and
    • (ii) in any other case, than the relevant aggregate.
    .    in a case where by virtue of paragraph 9(2) (b) of Schedule 16 to the Social Security Act 1973 a pension is provided by way of complete substitute for short service benefit, than the weekly rate of that pension; andin any other case, than the relevant aggregate.(2) The following subsection shall be inserted after subsection (1B) of that section—
    • “(1C) In subsection (1) above “the relevant aggregate” means the aggregate of the following—
    • (a) the relevant sum;
    • (b) the excess mentioned in subsection (1) (c) above; and
    • (c) any amount which is an appropriate addition at the time in question.
    the relevant sum;the excess mentioned in subsection (1) (c) above; andany amount which is an appropriate addition at the time in question.(3) In subsection (1) of section 41B of that Act (protection of widows’ pensions) , the following words shall be substituted for the words from “than” to the end—
    • (i) in a case where by virtue of paragraph 9(2) (b) of Schedule 16 to the Social Security Act 1973 a pension is provided by way of complete substitute for a widow’s pension, than the weekly rate of the pension so provided; and
    • (ii) in any other case, than the relevant aggregate.
    .    in a case where by virtue of paragraph 9(2) (b) of Schedule 16 to the Social Security Act 1973 a pension is provided by way of complete substitute for a widow’s pension, than the weekly rate of the pension so provided; andin any other case, than the relevant aggregate.(4) The following subsection shall be inserted after that subsection—
    • “(1A) In subsection (1) above “the relevant aggregate” means the aggregate of the following—
    • (a) the relevant sum;
    • (b) the excess mentioned in subsection (1) (c) above; and
    • (c) any amount which is an appropriate addition at the time in question.
    the relevant sum;the excess mentioned in subsection (1) (c) above; andany amount which is an appropriate addition at the time in question.(5) In subsection (3) of that section, for the words “assumption specified in subsection (4) below” there shall be substituted the words “prescribed assumptions”.(6) Regulations under that subsection may be framed so as to have effect as from 1st January 1985.

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