# The Guaranteed Minimum Pensions Increase Order (Northern Ireland) 2002

S.R. 2002/98 · made 12 March 2002

This Order, which corresponds to an Order (S.I. 2002/649) made by the Secretary of State for Work and Pensions under section 109(4) of the Pension Schemes Act 1993, specifies 1·7 per cent. as the percentage by which that part of any guaranteed minimum pension attributable to earnings factors for the tax years 1988-1989 to 1996-1997 and payable by occupational pension schemes is to be increased.

Made under: Pension Schemes Act 1993

PDFs: Printed copy https://openlegislation.uk/guaranteed-minimum-pensions-increase-order-northern-ireland-2002/pdf/nisr_20020098_en.pdf

## Introductory text

PENSIONS
Made 12th March 2002
Coming into operation 6th April 2002
Whereas the Secretary of State for Work and Pensions 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) 2002 and shall come into operation on 6th April 2002.
(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 an Act 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 1·7 per cent.

## Signature

Sealed with the Official Seal of the Department for Social Development on 12th March 2002.
L.S.
John O'Neill
Senior Officer of the
Department for Social Development

## Explanatory note

(This note is not part of the Order.)
This Order, which corresponds to an Order (S.I. 2002/649) made by the Secretary of State for Work and Pensions under section 109(4) of the Pension Schemes Act 1993, specifies 1·7 per cent. as the percentage by which that part of any guaranteed minimum pension attributable to earnings factors for the tax years 1988-1989 to 1996-1997 and payable by occupational pension schemes is to be increased.

---
Source: https://www.legislation.gov.uk/nisr/2002/98 (the official version)
Page: https://openlegislation.uk/guaranteed-minimum-pensions-increase-order-northern-ireland-2002
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.