# The Occupational Pensions (Revaluation) Order (Northern Ireland) 2008

S.R. 2008/485 · made 3 December 2008

This Order, which corresponds to an Order (S.I. 2008/3070) 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-2008/pdf/nisr_20080485_en.pdf

## Introductory text

Pensions
Made 3rd December 2008
Coming into operation 1st January 2009
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) 2008 and shall come into operation on 1st January 2009.
(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 3rd December 2008
(L.S.)
B McGahan
A senior officer of the Department for Social Development

## 

Column 1
Column 2
Revaluation period
Revaluation percentage
1st January 1986 – 31st December 2008
129∙1%
1st January 1987 – 31st December 2008
122∙3%
1st January 1988 – 31st December 2008
113∙3%
1st January 1989 – 31st December 2008
101∙8%
1st January 1990 – 31st December 2008
87∙5%
1st January 1991 – 31st December 2008
69∙1%
1st January 1992 – 31st December 2008
62∙4%
1st January 1993 – 31st December 2008
56∙8%
1st January 1994 – 31st December 2008
54∙0%
1st January 1995 – 31st December 2008
50∙7%
1st January 1996 – 31st December 2008
45∙1%
1st January 1997 – 31st December 2008
42∙1%
1st January 1998 – 31st December 2008
37∙1%
1st January 1999 – 31st December 2008
32∙9%
1st January 2000 – 31st December 2008
31∙4%
1st January 2001 – 31st December 2008
27∙2%
1st January 2002 – 31st December 2008
25∙1%
1st January 2003 – 31st December 2008
23∙0%
1st January 2004 – 31st December 2008
19∙7%
1st January 2005 – 31st December 2008
16∙1%
1st January 2006 – 31st December 2008
13∙0%
1st January 2007 – 31st December 2008
9∙1%
1st January 2008 – 31st December 2008
5∙0%
(all dates inclusive)

## Explanatory note

(This note is not part of the Order)
This Order, which corresponds to an Order (S.I. 2008/3070) 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/2008/485 (the official version)
Page: https://openlegislation.uk/occupational-pensions-revaluation-order-northern-ireland-2008
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.