The Christmas Bonus (Specified Sum) Order 2008

Draft Order laid before Parliament under section 176(1)(c) of the Social Security Contributions and Benefits Act 1992, for approval by resolution of each House of Parliament.

Draft Statutory Instruments

2008 No. [ ]

Social Security

The Christmas Bonus (Specified Sum) Order 2008

Made

2008

Coming into force in accordance with article 1

The Secretary of State makes the following Order in exercise of the powers conferred by sections 148(3)(b) and 175(3)(b) of the Social Security Contributions and Benefits Act 1992(1).

A draft of this instrument was laid before and approved by a resolution of each House of Parliament in accordance with section 176(1)(c) of that Act.

Citation and commencement

1.  This Order may be cited as the Christmas Bonus (Specified Sum) Order 2008 and shall come into force on the day after the day on which it is made.

Christmas bonus payment for 2008

2.  For the purposes of subsection (3)(b) of section 148 (entitlement of pensioners to Christmas bonus) of the Social Security Contributions and Benefits Act 1992, the sum specified for the year 2008 is £70.

Signed by authority of the Secretary of State

Name

Minister of State

Department for Work and Pensions

Date

EXPLANATORY NOTE

(This note is not part of the Order)

This Order provides that for the year 2008 the sum which is payable by way of Christmas bonus under section 148 (entitlement of pensioners to Christmas bonus) of the Social Security Contributions and Benefits Act 1992 (c. 4) is increased from £10 to £70.

A regulatory impact assessment has not been produced for this instrument as no impact on the private or voluntary sectors is foreseen.

(1)

1992 c. 4. Section 148 was amended by paragraphs 1 and 5 of Schedule 2 to the State Pension Credit Act 2002 (c. 16).