# The Guaranteed Minimum Pensions Increase Order 2021, Introduction: Introductory text


Pensions
Made 1st March 2021
Coming into force 6th April 2021
The Secretary of State for Work and Pensions has reviewed the general level of prices in Great Britain for the period of 12 months commencing on 1st October 2019 as required by section 109(1) of the Pension Schemes Act 1993, and it appears to the Secretary of State that the general level of prices was greater by 0.5 per cent. at the end of that period than it was at the beginning of that period.
A draft of this Order was laid before Parliament in accordance with section 109(2) of that Act and approved by a resolution of each House.
Accordingly, the Secretary of State makes this Order in exercise of the power conferred by section 109(4) of that Act.

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