# The Occupational Pensions (Revaluation) Order (Northern Ireland) 1996

S.R. 1996/544 · made 22 November 1996

This Order which corresponds to an Order (S.I. 1996/2926) made by the Secretary of State for Social Security under paragraph 2(1) of Schedule 3 to the Pension Schemes Act 1993, specifies appropriate revaluation percentages. The percentages specified are relevant to the revaluation of benefits under occupational pension schemes, as required by section 80 of, and Schedule 2 to, the Pension Schemes (Northern Ireland) Act 1993.

Made under: Pension Schemes Act 1993

## Introductory text

PENSIONS
Made 22nd November 1996
Coming into operation 1st January 1997
Whereas the Secretary of State for Social Security has made an Order under paragraph 2(1) of Schedule 3 to the Pension Schemes Act 1993:

## 1 Citation, commencement and interpretation

(1) This Order may be cited as the Occupational Pensions (Revaluation) Order (Northern Ireland) 1996 and shall come into operation on 1st January 1997.
(2) The Interpretation Act (Northern Ireland) 1954 shall apply to this Order as it applies to a Measure of the Assembly.

## 2 Revaluation percentage for each revaluation period

For the purposes of paragraph 2(1) of Schedule 2 to the Pension Schemes (Northern Ireland) Act 1993, the revaluation percentage for each revaluation period specified in column 1 of the Schedule is the percentage specified opposite thereto in column 2.

## Signature

Sealed with the Official Seal of the Department of Health and Social Services for Northern Ireland on 22nd November 1996.
L.S.
John O'Neill
Assistant Secretary

## 

Column 1
Column 2
Revaluation Period
Revaluation Percentage
1st January 1986 — 31st December 1996
61.3%
1st January 1987 — 31st December 1996
56.4%
1st January 1988 — 31st December 1996
50.1%
1st January 1989 — 31st December 1996
42.0%
1st January 1990 — 31st December 1996
32.0%
1st January 1991 — 31st December 1996
19.0%
1st January 1992 — 31st December 1996
14.3%
1st January 1993 — 31st December 1996
10.4%
1st January 1994 — 31st December 1996
8.4%
1st January 1995 — 31st December 1996
6.1%
1st January 1996 — 31st December 1996
2.1%
(all dates inclusive)

## Explanatory note

(This note is not part of the Order.)
This Order which corresponds to an Order (S.I. 1996/2926) made by the Secretary of State for Social Security under paragraph 2(1) of Schedule 3 to the Pension Schemes Act 1993, specifies appropriate revaluation percentages. The percentages specified are relevant to the revaluation of benefits under occupational pension schemes, as required by section 80 of, and Schedule 2 to, the Pension Schemes (Northern Ireland) Act 1993.

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Source: https://www.legislation.gov.uk/nisr/1996/544 (the official version)
Page: https://openlegislation.uk/occupational-pensions-revaluation-order-northern-ireland-1996
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.