The Pensions Act 2014 is an Act of the Parliament of the United Kingdom that received Royal Assent on 14 May 2014.[1]
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
- ^ “Pensions Act 2014 — UK Parliament”. Services.parliament.uk. 14 May 2014. Retrieved 9 March 2015.
- ^ “Pensions Act 2014”. Legislation.gov.uk. 19 January 2015. Retrieved 9 March 2015.
- ^ “Business Live: US shares push higher”. BBC News. 1 March 2016. p. 2. Retrieved 17 February 2026.
- ^ Wood, Zoe (18 May 2024). “UK state pensions: are older retirees getting a bad deal?”. The Guardian. Retrieved 17 February 2026.
