Pensions Act 2014

From Wikipedia, the free encyclopedia

The Pensions Act 2014 is an Act of the Parliament of the United Kingdom that received Royal Assent on 14 May 2014.[1]

Long titleAn Act to make provision about pensions and about benefits payable to people in connection with bereavement; and for connected purposes.
Citation2014 c. 19
Introduced byIain Duncan Smith MP, Secretary of State for Work and Pensions (Commons)
Lord Freud (Lords)
Territorial extentEngland and Wales, Scotland (whole Act); Northern Ireland (Part 7 only)
Quick facts Long title, Citation ...
Pensions Act 2014
Act of Parliament
coat of arms
Long titleAn Act to make provision about pensions and about benefits payable to people in connection with bereavement; and for connected purposes.
Citation2014 c. 19
Introduced byIain Duncan Smith MP, Secretary of State for Work and Pensions (Commons)
Lord Freud (Lords)
Territorial extent England and Wales, Scotland (whole Act); Northern Ireland (Part 7 only)
Dates
Royal assent14 May 2014
Other legislation
AmendsPensions Act 1995
Status: Current legislation
Text of statute as originally enacted
Text of the Pensions Act 2014 as in force today (including any amendments) within the United Kingdom, from legislation.gov.uk.
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Provisions

It establishes a new state pension scheme for people who attain state pension age on or after 6 April 2016.[2] The act requires that the pension age be reviewed in every term.[3]

Consequences

Due to the changes made by the act, women received slightly more money than before, and men received slightly less money.[4]

References

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