# The Pensions Increase (Review) Order 2012, Article 4: Increases in certain lump sums

Extent: E+W+S+N.I.

(1) This article applies to any lump sum or instalment of a lump sum which became payable on or after 11th April 2011 but before 9th April 2012.
(2) The pension authority may increase a lump sum or instalment of a lump sum to which this article applies by 5.2 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
AB¯where
(a)A is the number of complete months in the period between the beginning date for the lump sum or, if later, 11th April 2011 and the date on which it became payable; and
(b)B is 12.

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Source: https://www.legislation.gov.uk/uksi/2012/782/article/4 (the official version)
Page: https://openlegislation.uk/pensions-increase-review-order-2012/article-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.