SCHEDULE 10 Pension Sharing: Appropriate Weekly Reduction Under Section 14
Pensions Act 2014 (2014 c 19) | Legislation

SCHEDULE 10 Pension Sharing: Appropriate Weekly Reduction Under Section 14

Section 14

Introduction

1

This Schedule sets out the appropriate weekly reduction in the rate of a person's state pension for the purposes of section 14.

Appropriate weekly reduction for person subject to old state scheme pension debit

2

(1)     This paragraph sets out the appropriate weekly reduction if the person is subject to an old state scheme pension debit.

(2)     If the person became subject to the old state scheme pension debit in or after the final relevant year, the appropriate weekly reduction is an amount equal to the person's notional rate.

(3)     If the person became subject to the old state scheme pension debit before the final relevant year, the appropriate

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