Pensions Act 2014

Pensions Act 2014^[a]
Act of Parliament
	Parliament of the United Kingdom
Long title	An Act to make provision about pensions and about benefits payable to people in connection with bereavement; and for connected purposes.
Citation	2014 c. 19
Introduced by	Iain Duncan Smith MP, Secretary of State for Work and Pensions (Commons); Lord Freud (Lords)
Territorial extent	England and Wales; Scotland; Northern Ireland (part 7);
Dates
Royal assent	14 May 2014
Commencement	various
Other legislation
Amends	National Insurance Act 1965; Forfeiture Act 1982; Family Law (Scotland) Act 1985; Social Security Contributions and Benefits Act 1992; Social Security Administration Act 1992; Social Security Contributions and Benefits (Northern Ireland) Act 1992; Social Security Administration (Northern Ireland) Act 1992; Social Security Act 1993; Pension Schemes Act 1993; Pensions Act 1995; Employment Rights Act 1996; Social Security Act 1998; Welfare Reform and Pensions Act 1999; Financial Services and Markets Act 2000; Child Support, Pensions and Social Security Act 2000; Social Security Fraud Act 2001; State Pension Credit Act 2002; Employment Act 2002; Income Tax (Earnings and Pensions) Act 2003; Gender Recognition Act 2004; Pensions Act 2004; Companies (Audit, Investigations and Community Enterprise) Act 2004; Finance (No. 2) Act 2005; Companies Act 2006; Pensions Act 2007; Pensions Act 2008; Pensions Act 2011; Welfare Reform Act 2012; Public Service Pensions Act 2013; Marriage (Same Sex Couples) Act 2013;
Amended by	Pension Schemes Act 2026;
Status: Amended
Text of statute as originally enacted
Revised text of statute as amended
Text of the Pensions Act 2014 as in force today (including any amendments) within the United Kingdom, from legislation.gov.uk.

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

Provisions

The act established 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]

Notes

↑ Section 57.
↑ Section 55.
↑ Section 56.

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.

External links

Text of the Pensions Act 2014 as in force today (including any amendments) within the United Kingdom, from legislation.gov.uk.
Text of the Pensions Act 2014 as originally enacted or made within the United Kingdom, from legislation.gov.uk.

[1] Section 57.

[2] Section 55.

[3] Section 56.

[4] "Pensions Act 2014 — UK Parliament". Services.parliament.uk. 14 May 2014. Retrieved 9 March 2015.

[5] "Pensions Act 2014". Legislation.gov.uk. 19 January 2015. Retrieved 9 March 2015.

[6] "Business Live: US shares push higher". BBC News. 1 March 2016. p. 2. Retrieved 17 February 2026.

[7] Wood, Zoe (18 May 2024). "UK state pensions: are older retirees getting a bad deal?". The Guardian. Retrieved 17 February 2026.

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