# The Pensions Increase (Annual Review) Order 1972, Paragraph 1


(1) Subject to the provisions of this Act, the annual rate of an official pension may, if any qualifying condition is satisfied, be increased by the pension authority in respect of any period beginning on or after 1st December 1972, as follows:—
(a) a pension beginning before the year 1969 may be increased by the amount necessary to bring the rate up to the 1969 standard, that is to say, to the rate arrived at by applying to the basic rate of pension the multiplier given in Schedule 1 for the year in which the pension began, and by a further 29·682 per cent. of the rate so increased;
(b) a pension beginning on or before 1st April 1969 but not earlier than that year may be increased by 29·682 per cent. of the basic rate;
(c) a pension beginning in the six months following 1st April 1969 may be increased by 27·484 per cent of the basic rate;
(d) a pension beginning in the six months following 1st October 1969 may be increased by 25·286 per cent. of the basic rate;
(e) a pension beginning in the six months following 1st April 1970 may be increased by 20·890 per cent. of the basic rate;
(f) a pension beginning in the six months following 1st October 1970 may be increased by 16·494 per cent. of the basic rate;
(g) a pension beginning in the six months following 1st April 1971 may be increased by 11 per cent. of the basic rate;
(h) a pension beginning in the six months following 1st October 1971 may be increased by 5·6 per cent. of the basic rate;
(i) a pension beginning in the three months following 1st April 1972 may be increased by 3·5 per cent. of the basic rate.
(2) In the case of a pension beginning before the year 1969 the increase authorised by subsection 1(a) above shall take the place of those authorised by the Pensions (Increase) Acts 1920 to 1969, but in the cases provided for by section 6 below shall be of the larger amount there specified by reference to increases that might have been made under those Acts together with a further increase of 29·682 per cent. of the pension as so increased.

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Source: https://www.legislation.gov.uk/uksi/1972/1298/schedule/paragraph/1 (the official version)
Page: https://openlegislation.uk/pensions-increase-annual-review-order-1972/schedule/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

