Re: How do I restore Icloud backup onto my new phone if it requires IOS 8.1 in order to restore?
Update your device to the latest iOS version (iOS 8.2) via iTunes or by going to Settings - General - Software updates on your device. Afterwards, you can then go to Settings - General - Reset and then select "Erase All Contents and Settings". When that process is finished, you will be greeted with the welcome screen. A few screens later, you'll be given the option to restore from an iCloud or iTunes backup. Select the one you want to use.