# The Pensions Increase (Review) Order 2008, Article 4: Increases in certain lump sums


(1) This article applies to any lump sum or instalment of a lump sum which became payable on or after 9th April 2007 but before 7th April 2008.
(2) The pension authority may increase a lump sum or instalment of a lump sum to which this article applies by 3.9 per cent of the amount of the lump sum or instalment (as increased by the amount of any increase under section 1 of the 1971 Act or the existing Orders) multiplied by
A B ¯ where
(a) A is the number of complete months in the period between the beginning date for the lump sum or, if later, 9th April 2007 and the date on which it became payable; and
(b) B is 12.

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Source: https://www.legislation.gov.uk/uksi/2008/711/article/4 (the official version)
Page: https://openlegislation.uk/pensions-increase-review-order-2008/article-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.