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Pensions Act 2014

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Change 1

What to do with it
As published

7 Survivor's pension based on inheritance of additional old state pension

(1) A person is entitled to a state pension under this section if— (a) the person has reached pensionable age, (b) the person's spouse died while they were married or the person's civil partner died while they were civil partners of each other, and (c) the person is entitled to an inherited amount under Schedule 3. (2) A state pension under this section is payable at a weekly rate equal to the inherited amount. (3) The rate of the state pension for a person under this section is to be increased from time to time in accordance with the applicable paragraph of Schedule 4. (4) Regulations may provide that if at any time the sum of the relevant state pensions for a person exceeds an amount provided for by regulations, the rate of any state pension payable to the person under this section is to be reduced by the amount of the excess. (5) The “sum of the relevant state pensions” for a person is the sum of— (a) the rate of any state pension payable to the person under this section (ignoring any reduction under subsection (4)), and (b) the rate of any state pension payable to the person under section 2, 4 or 12. (6) In subsections (4) and (5) a reference to the rate of a person's state pension is to the rate— (a) taking into account any reduction under section 14 (in the case of a state pension under section 4), but (b) ignoring any increase under section 17. (7) There are provisions elsewhere that affect a person's entitlement to a state pension under this section or the rate at which it is payable.

Your change, as a redline

7 Survivor's pension based on inheritance of additional old state pension

(1) A person is entitled to a state pension under this section if— (a) the person has reached pensionable age, (b) the person's spouse died while they were married or the person's civil partner died while they were civil partners of each other, and (c) the person is entitled to an inherited amount under Schedule 3. (2) A state pension under this section is payable at a weekly rate equal to the inherited amount. (3) The rate of the state pension for a person under this section is to be increased from time to time in accordance with the applicable paragraph of Schedule 4. (4) Regulations may provide that if at any time the sum of the relevant state pensions for a person exceeds an amount provided for by regulations, the rate of any state pension payable to the person under this section is to be reduced by the amount of the excess. (5) The “sum of the relevant state pensions” for a person is the sum of— (a) the rate of any state pension payable to the person under this section (ignoring any reduction under subsection (4)), and (b) the rate of any state pension payable to the person under section 2, 4 or 12. (6) In subsections (4) and (5) a reference to the rate of a person's state pension is to the rate— (a) taking into account any reduction under section 14 (in the case of a state pension under section 4), but (b) ignoring any increase under section 17. (7) There are provisions elsewhere that affect a person's entitlement to a state pension under this section or the rate at which it is payable.

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