# The Occupational Pensions (Revaluation) Order (Northern Ireland) 2006

S.R. 2006/467 · made 22 November 2006

This Order, which corresponds to an Order (S.I. 2006/3086) 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 (Northern Ireland) Act 1993 (Schedule 2 paragraph 2); Pension Schemes Act 1993

PDFs: Printed copy https://openlegislation.uk/occupational-pensions-revaluation-order-northern-ireland-2006/pdf/nisr_20060467_en.pdf

## Introductory text

PENSIONS
Made 22nd November 2006
Coming into operation 1st January 2007
This Order is made in exercise of the powers conferred by paragraph 2(1) of Schedule 2 to the Pension Schemes (Northern Ireland) Act 1993 and now vested in the Department for Social Development.
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.
Accordingly the Department for Social Development makes the following Order:

## 1 Citation, commencement and interpretation

(1) This Order may be cited as the Occupational Pensions (Revaluation) Order (Northern Ireland) 2006 and shall come into operation on 1st January 2007.
(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 in column 2 in relation to that period.

## Signature

Sealed with the Official Seal of the Department for Social Development on 22nd November 2006
L.S.
John O’Neill
A senior officer of the Department for Social Development

## 

Column 1
Column 2
Revaluation period
Revaluation percentage
1st January 1986 – 31st December 2006
110.0%
1st January 1987 – 31st December 2006
103.7%
1st January 1988 – 31st December 2006
95.5%
1st January 1989 – 31st December 2006
85.0%
1st January 1990 – 31st December 2006
71.9%
1st January 1991 – 31st December 2006
55.0%
1st January 1992 – 31st December 2006
48.9%
1st January 1993 – 31st December 2006
43.7%
1st January 1994 – 31st December 2006
41.2%
1st January 1995 – 31st December 2006
38.2%
1st January 1996 – 31st December 2006
33.0%
1st January 1997 – 31st December 2006
30.2%
1st January 1998 – 31st December 2006
25.7%
1st January 1999 – 31st December 2006
21.8%
1st January 2000 – 31st December 2006
20.5%
1st January 2001 – 31st December 2006
16.6%
1st January 2002 – 31st December 2006
14.7%
1st January 2003 – 31st December 2006
12.8%
1st January 2004 – 31st December 2006
9.7%
1st January 2005 – 31st December 2006
6.4%
1st January 2006 – 31st December 2006
3.6%
(all dates inclusive)

## Explanatory note

(This note is not part of the Order)
This Order, which corresponds to an Order (S.I. 2006/3086) 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/2006/467 (the official version)
Page: https://openlegislation.uk/occupational-pensions-revaluation-order-northern-ireland-2006
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.