# The Occupational Pensions (Revaluation) Order 2009

S.I. 2009/3267 · made 10 December 2009

This Order is made, as required by paragraph 2(1) of Schedule 3 to the Pension Schemes Act 1993 (c.48), in the year beginning 1st January 2009, and specifies the necessary revaluation percentages for the purpose of the revaluation on or after 1st January 2010 of benefits under occupational pension schemes, as required by section 84 of, and Schedule 3 to, that Act. It is not necessary to specify a lower revaluation percentage for revaluation periods which start before 1st January 2009.

Made under: Pension Schemes Act 1993 (Schedule 3 paragraph 2)

PDFs: Printed copy https://openlegislation.uk/occupational-pensions-revaluation-order-2009/pdf/uksi_20093267_en.pdf; Explanatory Memorandum https://openlegislation.uk/occupational-pensions-revaluation-order-2009/pdf/uksiem_20093267_en.pdf

## Introductory text

Pensions
Made 10th December 2009
Laid before Parliament 10th December 2009
Coming into force 1st January 2010
The Secretary of State for Work and Pensions makes the following Order in exercise of the powers conferred by paragraph 2(1) of Schedule 3 to the Pension Schemes Act 1993.

## 1 Citation and commencement

(1) This Order may be cited as the Occupational Pensions (Revaluation) Order 2009.
(2) This Order shall come into force on 1st January 2010.

## 2 The higher and lower revaluation percentages for each revaluation period

For the purposes of paragraph 2(1) of Schedule 3 to the Pension Schemes Act 1993, for each revaluation period specified in column 1 below, the higher revaluation percentage is the percentage specified in column 2, and the lower revaluation percentage is the percentage specified in column 3, in relation to that period.
Column 1
Column 2
Column 3
Revaluation period
Higher revaluation
percentage
Lower revaluation
percentage
1st January 1986 - 31st December 2009
125.9%
-
1st January 1987 - 31st December 2009
119.1%
-
1st January 1988 - 31st December 2009
110.3%
-
1st January 1989 - 31st December 2009
99.0%
-
1st January 1990 - 31st December 2009
84.9%
-
1st January 1991 - 31st December 2009
66.7%
-
1st January 1992 - 31st December 2009
60.2%
-
1st January 1993 - 31st December 2009
54.6%
-
1st January 1994 - 31st December 2009
51.9%
-
1st January 1995 - 31st December 2009
48.6%
-
1st January 1996 - 31st December 2009
43.0%
-
1st January 1997 - 31st December 2009
40.1%
-
1st January 1998 - 31st December 2009
35.2%
-
1st January 1999 - 31st December 2009
31.0%
-
1st January 2000 - 31st December 2009
29.6%
-
1st January 2001 - 31st December 2009
25.5%
-
1st January 2002 - 31st December 2009
23.4%
-
1st January 2003 - 31st December 2009
21.3%
-
1st January 2004 - 31st December 2009
18.0%
-
1st January 2005 - 31st December 2009
14.4%
-
1st January 2006 - 31st December 2009
11.4%
-
1st January 2007 - 31st December 2009
7.6%
-
1st January 2008 – 31st December 2009
3.5%
-
1st January 2009 – 31st December 2009
0.0%
0.0%

## Signature

Signed by authority of the Secretary of State for Work and Pensions.
Angela Eagle
Minister of State,
Department for Work and Pensions
10th December 2009

## Explanatory note

(This note is not part of the Order)
This Order is made, as required by paragraph 2(1) of Schedule 3 to the Pension Schemes Act 1993 (c.48), in the year beginning 1st January 2009, and specifies the necessary revaluation percentages for the purpose of the revaluation on or after 1st January 2010 of benefits under occupational pension schemes, as required by section 84 of, and Schedule 3 to, that Act. It is not necessary to specify a lower revaluation percentage for revaluation periods which start before 1st January 2009.
This Order amends an existing regulatory regime by a pre-determined formula. A full impact assessment is not necessary for such legislation.

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Source: https://www.legislation.gov.uk/uksi/2009/3267 (the official version)
Page: https://openlegislation.uk/occupational-pensions-revaluation-order-2009
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

