# The Occupational Pensions (Revaluation) Order (Northern Ireland) 2001

S.R. 2001/412 · made 23 November 2001

This Order, which corresponds to an Order (S.I. 2001/3690) made by the Secretary of State for Work and Pensions 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

PDFs: Printed copy https://openlegislation.uk/occupational-pensions-revaluation-order-northern-ireland-2001/pdf/nisr_20010412_en.pdf

## Introductory text

PENSIONS
Made 23rd November 2001
Coming into operation 1st January 2002
Whereas the Secretary of State for Work and Pensions 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) 2001 and shall come into operation on 1st January 2002.
(2) The Interpretation Act (Northern Ireland) 1954 shall apply to this Order as it applies to an Act 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 for Social Development on 23rd November 2001.
L.S.
John O'Neill
Senior Officer of the
Department for Social Development

## 

Column 1
Column 2
Revaluation Period
Revaluation Percentage
1st January 1986—31st December 2001
83·2%
1st January 1987—31st December 2001
77·6%
1st January 1988—31st December 2001
70·5%
1st January 1989—31st December 2001
61·3%
1st January 1990—31st December 2001
49·9%
1st January 1991—31st December 2001
35·2%
1st January 1992—31st December 2001
29·8%
1st January 1993—31st December 2001
25·3%
1st January 1994—31st December 2001
23·1%
1st January 1995—31st December 2001
20·5%
1st January 1996—31st December 2001
15·9%
1st January 1997—31st December 2001
13·6%
1st January 1998—31st December 2001
9·6%
1st January 1999—31st December 2001
6·2%
1st January 2000—31st December 2001
5·1%
1st January 2001—31st December 2001
1·7%
(all dates inclusive)

## Explanatory note

(This note is not part of the Order.)
This Order, which corresponds to an Order (S.I. 2001/3690) made by the Secretary of State for Work and Pensions 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/2001/412 (the official version)
Page: https://openlegislation.uk/occupational-pensions-revaluation-order-northern-ireland-2001
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

