Section 655 — Social Security Act 1991: Wife pension transition rate—method 1

(1) A woman’s wife pension transition rate on a day is worked out in accordance with this section if: (a) on 19 March 2020, there was no reduction under step 5 of the method statement in point 1064-A1, and there was no reduction under step 9 of that method statement, in relation to the woman’s rate of wife pension on that day; and (b) assuming the woman were receiving newstart allowance on each day in the period starting on 6 February 2020 and ending at the end of 19 March 2020, there would have been no reduction under step 5 of the method statement in point 1068-A1 on any day in that period. (2) The woman’s wife pension transition rate on a day is the rate that would have been the woman’s rate of wife pension on that day under Module A of the Pension Rate Calculator A in section 1064 if the woman had been receiving wife pension on that day. (3) However, subsection (2) applies with the following modifications: (a) in working out the amount at step 1 of the method statement in point 1064-A1, assume each amount in the table in point 1064-B1 were that amount as at 19 March 2020; (b) in working out the amount at step 1A of the method statement in point 1064-A1: (i) assume the combined couple rate of pension supplement were that amount as at 19 March 2020; and (ii) assume the combined couple rate of minimum pension supplement were that amount as at 19 March 2020; (c) assume the amount at step 5 of the method statement in point 1064-A1 were the amount worked out at step 5 of the method statement in point 1068-A1, multiplied by 26; (d) in working out the amount at step 9 of the method statement in point 1064-A1, assume each amount in the table in point 1064-G3 were that amount as at 19 March 2020.