Pensions Increase (Review) Order (Northern Ireland) 2004

Increases in certain pensions

3.—(1) The annual rate of an official pension may, if a qualifying condition is satisfied or the pension is a derivative or substituted pension or a relevant injury pension, be increased as set out in paragraphs (2) and (3) by the pension authority in respect of any period beginning on or after 12th April 2004.

(2) A pension beginning before 7th April 2003 may be increased by 2.8 per cent of the basic rate as increased by the amount of any increase under section 1 of the Act of 1971 or the existing Orders.

(3) A pension beginning on or after 7th April 2003 and before 12th April 2004 may be increased by 2.8 per cent multiplied by –

where

  • A is the number of complete months in the period between the beginning date of the pension and 12th April 2004 and B is 12.