# The Guaranteed Minimum Pensions Increase Order (Northern Ireland) 1997

S.R. 1997/105 · made 26 February 1997

This Order, which corresponds to an Order (S.I. 1997/457) made by the Secretary of State for Social Security under section 109(4) of the Pension Schemes Act 1993, specifies 2.1 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 tax years and payable by occupational pension schemes is to be increased.

Made under: Pension Schemes Act 1993

## Introductory text

PENSIONS
Made 26th February 1997
Coming into operation 6th April 1997
Whereas the Secretary of State for Social Security has made an Order under section 109(4) of the Pension Schemes Act 1993:

## 1 Citation, commencement and interpretation

(1) This Order may be cited as the Guaranteed Minimum Pensions Increase Order (Northern Ireland) 1997 and shall come into operation on 6th April 1997.
(2) In this Order—
“relevant period” has the same meaning as in section 109(3A) of the Pension Schemes Act 1993.
(3) The Interpretation Act (Northern Ireland) 1954 shall apply to this Order as it applies to a Measure of the Assembly.

## 2 Increase of guaranteed minimum pensions

For the purposes of section 105(1) of the Pension Schemes (Northern Ireland) Act 1993 the percentage by which there is to be an increase in the rate of that part of any guaranteed minimum pension which is attributable to earnings factors for the tax years in the relevant period shall be 2.1 per cent.

## Signature

Sealed with the Official Seal of the Department of Health and Social Services for Northern Ireland on
L.S.
John O'Neill
Assistant Secretary
26th February 1997.

## Explanatory note

(This note is not part of the Order.)
This Order, which corresponds to an Order (S.I. 1997/457) made by the Secretary of State for Social Security under section 109(4) of the Pension Schemes Act 1993, specifies 2.1 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 tax years and payable by occupational pension schemes is to be increased.

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Source: https://www.legislation.gov.uk/nisr/1997/105 (the official version)
Page: https://openlegislation.uk/guaranteed-minimum-pensions-increase-order-northern-ireland-1997
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

