2004 No.2948
The Occupational Pensions (Revaluation) Order 2004
Made
Laid before Parliament
Coming into force
The Secretary of State for Work and Pensions, in exercise of the powers conferred upon him by paragraph 2(1) of Schedule 3 to the Pension Schemes Act 19931, hereby makes the following Order:
Citation and commencement1
1
This Order may be cited as the Occupational Pensions (Revaluation) Order 2004.
2
This Order shall come into force on 1st January 2005.
The revaluation percentage for each revaluation period2
For the purposes of paragraph 2(1) of Schedule 3 to the Pension Schemes Act 1993, the revaluation percentage for each revaluation period specified in column 1 below is the percentage specified in column 2 in relation to that period.
Column 1 | Column 2 |
---|---|
Revaluation period | Revaluation percentage |
1st January 1986-31st December 2004 | 97.4% |
1st January 1987-31st December 2004 | 91.5% |
1st January 1988-31st December 2004 | 83.8% |
1st January 1989-31st December 2004 | 73.9% |
1st January 1990-31st December 2004 | 61.6% |
1st January 1991-31st December 2004 | 45.7% |
1st January 1992-31st December 2004 | 40.0% |
1st January 1993-31st December 2004 | 35.1% |
1st January 1994-31st December 2004 | 32.7% |
1st January 1995-31st December 2004 | 29.8% |
1st January 1996-31st December 2004 | 25.0% |
1st January 1997-31st December 2004 | 22.4% |
1st January 1998-31st December 2004 | 18.1% |
1st January 1999-31st December 2004 | 14.5% |
1st January 2000-31st December 2004 | 13.2% |
1st January 2001-31st December 2004 | 9.6% |
1st January 2002-31st December 2004 | 7.8% |
1st January 2003-31st December 2004 | 6.0% |
1st January 2004-31st December 2004 | 3.1% |
Signed by authority of the Secretary of State for Work and Pensions.
(This note is not part of the Order)