Social Security (Up-rating of Benefits) Act Section 1: Up-rating of state pension and certain other benefits following review in tax year 2020-21
Section 1 inserts a new subsection (2A) into section 150A of the 1992 Act. This new subsection allows the Secretary of State, where there has been no increase in earnings during the review period, if she considers it appropriate having regard to the national economic situation and other relevant matters, to lay a draft up-rating order which increases the basic State Pension, the full rate of the new State Pension, the Standard Minimum Guarantee in Pension Credit and survivors’ benefits in Industrial Death Benefit by such a percentage as she thinks fit.
	The section also inserts a new subsection (2B) into section 150A so that where provision in respect of the amounts of survivors’ benefits in Industrial Death Benefit is within the legislative competence of the Scottish Parliament, subsection (2A) has effect as if references to the Secretary of State and to Parliament were references to the Scottish Ministers and the Scottish Parliament respectively.