Search Legislation

The Guaranteed Minimum Pensions Increase Order (Northern Ireland) 2023

 Help about what version

What Version

 Help about advanced features

Advanced Features

 Help about opening options

Opening OptionsExpand opening options

Changes over time for: Explanatory Notes

 Help about opening options

Alternative versions:

Changes to legislation:

There are currently no known outstanding effects for the The Guaranteed Minimum Pensions Increase Order (Northern Ireland) 2023. Help about Changes to Legislation

EXPLANATORY NOTE

(This note is not part of the Order)

This Order, which corresponds to an Order (S.I. 2023/270) made by the Secretary of State for Work and Pensions under section 109(4) of the Pension Schemes Act 1993, specifies 3 per cent. as the percentage by which that part of guaranteed minimum pensions attributable to earnings factors for the tax years 1988-1989 to 1996-1997, and payable by contracted-out, defined benefit occupational pension schemes, is to be increased.

Back to top

Options/Help