The Social Security Revaluation of Earnings Factors Order 2022

Statutory Instruments

2022 No. 216

Social Security

The Social Security Revaluation of Earnings Factors Order 2022

Made

3rd March 2022

Laid before Parliament

7th March 2022

Coming into force

6th April 2022

In accordance with section 148(2) of the Social Security Administration Act 1992(1), the Secretary of State for Work and Pensions has reviewed the general level of earnings obtaining in Great Britain.

The Secretary of State has concluded, having regard to earlier orders made under section 148(2) of that Act, that earnings factors(3) for the relevant tax years have not, during the period taken into account for that review, maintained their value in relation to the general level of earnings.

Accordingly, the Secretary of State makes this Order in exercise of the powers conferred by sections 148(3) and (4) and 189(4) and (5) of the Social Security Administration Act 1992(4).

(1)

1992 c. 5 (“the Administration Act”). Section 148(2) was amended by section 37 of the Child Support, Pensions and Social Security Act 2000 (c. 19) (“the 2000 Act”).

(2)

Section 148(7) of the Administration Act was amended by paragraph 27 of Schedule 8 to the Pension Schemes Act 1993 (c. 48) (“the 1993 Act”). Section 148(7)(b) provides that orders under section 21 (revaluation of earnings factors) of the Social Security Pensions Act 1975 (c. 60) are to be treated as orders under section 148. Relevant orders are therefore S.I. 1979/832, 1980/728, 1981/598, 1982/607, 1983/655, 1984/581, 1985/688, 1986/809, 1987/861, 1988/867, 1989/805, 1990/1412, 1991/1108, 1992/1102, 1993/1159, 1994/1105, 1995/1070, 1996/1133, 1997/1117, 1998/1137, 1999/1235, 2000/1365, 2001/631, 2002/519, 2003/517, 2004/262, 2005/216, 2006/496, 2007/781, 2008/730, 2009/608, 2010/470, 2011/475, 2012/187, 2013/527, 2014/367, 2015/187, 2016/205, 2017/287, 2018/271, 2019/376, 2020/193 and 2021/267.

(3)

See in respect of additional pensions sections 22 and 23 of the Social Security Contributions and Benefits Act 1992 (c. 4) (“the Contributions and Benefits Act”). Section 22 was amended by paragraph 22 of Schedule 2 to the Jobseekers Act 1995 (c. 18), paragraph 61 of Schedule 7 to the Social Security Act 1998 (c. 14) (“the 1998 Act”), section 30(1) of the 2000 Act, paragraph 7 of Schedule 1 to the National Insurance Contributions Act 2002 (c. 19) (“the 2002 Act”), paragraph 9(3) and (4) of Schedule 3 to the Welfare Reform Act 2007 (c. 5), section 12(1) of, and paragraphs 9 and 33 of Schedule 1 to, the Pensions Act 2007 (c. 22), section 3(2) of, and paragraph 2 of Schedule 1 to, the National Insurance Contributions Act 2008 (c. 16) (“the 2008 Act”) and paragraph 6 of Schedule 12, and paragraph 5 of Schedule 16, to the Pensions Act 2014 (c. 19) (“the 2014 Act”). Section 23 was amended by paragraph 36 of Schedule 8 to the 1993 Act, section 134(1) of the Pensions Act 1995 (c. 26) (“the 1995 Act”), paragraph 8 of Schedule 1 to the 2002 Act and paragraph 3(2) and (3) of Schedule 1 to the 2008 Act. See also in respect of guaranteed minimum pensions section 14 of the 1993 Act, as amended by paragraph 27 of Schedule 5, and Part 3 of Schedule 7, to the 1995 Act, paragraph 38 of Schedule 1 to the Social Security Contributions (Transfer of Functions, etc.) Act 1999 (c. 2), paragraph 22(1) and (3) of Schedule 11 to the Proceeds of Crime Act 2002 (c. 29) and paragraphs 1 and 15 of Schedule 13 to the 2014 Act. See also paragraphs 4(2), 8(4) and 9(4) of Schedule 4B to the Contributions and Benefits Act under which flat rate accrual amounts of additional state pension are to be increased by reference to the percentage figure specified for 2015-2016 in orders under section 148 of the Administration Act. See also paragraph 2(6) of each of Schedules 8 and 10 to the 2014 Act under which old scheme state pension debits and credits are to be increased by reference to percentage figures specified in orders under section 148 of the Administration Act.

(4)

Relevant amendments to section 189 of the Administration Act are made by paragraph 109 of Schedule 7, and Schedule 8, to the 1998 Act and S.I. 2013/252.