# The Guaranteed Minimum Pensions Increase Order 2021, Article 2: Increase of guaranteed minimum pensions


For the purposes of section 109(2) and (3) of the Pension Schemes Act 1993, the percentage by which there is to be an increase of the rate of that part of guaranteed minimum pensions which is attributable to earnings factors for the tax years in the relevant period is 0.5 per cent.

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Source: https://www.legislation.gov.uk/uksi/2021/163/article/2 (the official version)
Page: https://openlegislation.uk/guaranteed-minimum-pensions-increase-order-2021/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.