Section 55AA — Social Security Contributions and Benefits Act 1992: Shared additional pension because of a new state scheme pension credit

Shared additional pension because of a new state scheme pension credit 55AA 1 A person is entitled to a shared additional pension under this section if—

a the person reached pensionable age before 6 April 2016, and b the person is entitled to a new state scheme pension credit.

2 A person's entitlement to a shared additional pension under this section continues throughout his or her life.

3 The weekly rate of a shared additional pension under this section is equal to the amount of the new state scheme pension credit.

4 In this section “ new state scheme pension credit ” means a credit under section 49A(2)(b) of the Welfare Reform and Pensions Act 1999.