# The Occupational Pensions (Revaluation) Order (Northern Ireland) 2002

S.R. 2002/369 · made 2 December 2002

This Order, which corresponds to an Order (S.I. 2002/2951) 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-2002/pdf/nisr_20020369_en.pdf

## Introductory text

PENSIONS
Made 2nd December 2002
Coming into operation 1st January 2003
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) 2002 and shall come into operation on 1st January 2003.
(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 2nd December 2002.
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 2002
86·3%
1st January 1987 – 31st December 2002
80·7%
1st January 1988 – 31st December 2002
73·4%
1st January 1989 – 31st December 2002
64·0%
1st January 1990 – 31st December 2002
52·4%
1st January 1991 – 31st December 2002
37·5%
1st January 1992 – 31st December 2002
32·0%
1st January 1993 – 31st December 2002
27·5%
1st January 1994 – 31st December 2002
25·2%
1st January 1995 – 31st December 2002
22·5%
1st January 1996 – 31st December 2002
17·9%
1st January 1997 – 31st December 2002
15·5%
1st January 1998 – 31st December 2002
11·5%
1st January 1999 – 31st December 2002
8·0%
1st January 2000 – 31st December 2002
6·8%
1st January 2001 – 31st December 2002
3·4%
1st January 2002 – 31st December 2002
1·7%
(all dates inclusive)

## Explanatory note

(This note is not part of the Order.)
This Order, which corresponds to an Order (S.I. 2002/2951) 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.

---
Source: https://www.legislation.gov.uk/nisr/2002/369 (the official version)
Page: https://openlegislation.uk/occupational-pensions-revaluation-order-northern-ireland-2002
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.