The Social Security (Deferral of Retirement Pensions) (Amendment) Regulations 2011

JurisdictionUK Non-devolved
CitationSI 2011/786
Year2011

2011 No. 786

Social Security

The Social Security (Deferral of Retirement Pensions) (Amendment) Regulations 2011

Made 15th March 2011

Laid before Parliament 15th March 2011

Coming into force 5th April 2011

The Secretary of State makes the following Regulations in exercise of the powers conferred by sections 122(1), 175(1) and (3) of, and paragraphs 3B(2) and 7B(2) of Schedule 5 and paragraph 5(2) of Schedule 5A to, the Social Security Contributions and Benefits Act 19921.

It appears to the Secretary of State that, by reason of urgency, it is inexpedient to refer proposals in respect of these Regulations to the Social Security Advisory Committee2.

S-1 Citation and commencement

Citation and commencement

1. These Regulations may be cited as the Social Security (Deferral of Retirement Pensions) (Amendment) Regulations 2011 and shall come into force on 5th April 2011.

S-2 Amendment of the Social Security (Deferral of Retirement Pensions) Regulations 2005

Amendment of the Social Security (Deferral of Retirement Pensions) Regulations 2005

2. For regulation 2 (beginning of accrual period) of the Social Security (Deferral of Retirement Pensions) Regulations 20053substitute—

S-2

2.—(1) This regulation applies for the purposes of paragraphs 3B and 7B of Schedule 5 and paragraph 5 of Schedule 5A to the Act (calculation of lump sum).

(2) In the case of a retirement pension or shared additional pension to which regulation 22 (long term benefits) of the Social Security (Claims and Payments) Regulations 19874(“the 1987 Regulations”) applies, the accrual period shall begin with the day of the week on which benefit would have been payable had entitlement not been deferred.

(3) In the case of a retirement pension to which regulation 22C (retirement pension for persons reaching pensionable age on or after 6th April 2010) of the 1987 Regulations5applies, the accrual period shall begin with the first day of the benefit week in relation to which benefit would have been payable had entitlement not been deferred.

(4) In this regulation, “benefit week” has the same meaning as in regulation 22D (payment of retirement pension at a daily rate) of the 1987 Regulations6.”.

Steve Webb

Minister of State

Department for Work and Pensions

15th March 2011

EXPLANATORY NOTE

(This note is not part of the Regulations)

These Regulations amend the Social Security (Deferral of Retirement Pensions) Regulations 2005 (S.I....

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