{
  "url": "https://openlegislation.uk/guaranteed-minimum-pensions-increase-order-1995",
  "json_url": "https://openlegislation.uk/guaranteed-minimum-pensions-increase-order-1995.json",
  "id": "uksi/1995/515",
  "title": "The Guaranteed Minimum Pensions Increase Order 1995",
  "long_title": "This Order, a draft of which has been laid before and approved by a resolution of each House of Parliament, is made as a consequence of a review under section 109(1) of the Pension Schemes Act 1993. It specifies 2.2 per cent. as the percentage by which that part of any guaranteed minimum pension attributable to earnings factors for the tax year 1988-89 and subsequent years and payable by occupational pension schemes is to be increased. Under section 109(3) the percentage to be specified is the actual percentage increase in the period under review or 3 per cent., whichever is less.",
  "citation": "S.I. 1995/515",
  "type": "uksi",
  "year": "1995",
  "number": "515",
  "version": "current",
  "date": "1995-03-01",
  "revised": false,
  "valid_from": null,
  "extent": null,
  "unapplied_effects": 0,
  "provisions": [
    {
      "path": "introduction",
      "kind": "introduction",
      "number": null,
      "heading": "Introductory text",
      "url": "https://openlegislation.uk/guaranteed-minimum-pensions-increase-order-1995/introduction",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "article/1",
      "kind": "article",
      "number": "1",
      "heading": "Citation and commencement",
      "url": "https://openlegislation.uk/guaranteed-minimum-pensions-increase-order-1995/article-1",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "article/2",
      "kind": "article",
      "number": "2",
      "heading": "Increase of guaranteed minimum pensions",
      "url": "https://openlegislation.uk/guaranteed-minimum-pensions-increase-order-1995/article-2",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "signature",
      "kind": "signature",
      "number": null,
      "heading": "Signature",
      "url": "https://openlegislation.uk/guaranteed-minimum-pensions-increase-order-1995/signature",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "note",
      "kind": "note",
      "number": null,
      "heading": "Explanatory note",
      "url": "https://openlegislation.uk/guaranteed-minimum-pensions-increase-order-1995/note",
      "extent": null,
      "status": null,
      "parent": null
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1995/515",
    "retrieved_at": "2026-10-29T13:15:14.422089+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}