# Pensions Increase (Review) Order (Northern Ireland) 2002, Article 4: Increase in certain lump sums


In respect of any lump sum or instalment of a lump sum which became payable before 8th April 2002 but on or after 9th April 2001 there may be paid an increase of 1·7 per cent of the amount of the lump sum or instalment (as increased by the amount of any increase under section 1 of the Act of 1971 or under 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, 9th April 2001 and the date on which it became payable; and
b B is 12.

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Source: https://www.legislation.gov.uk/nisr/2002/102/article/4 (the official version)
Page: https://openlegislation.uk/pensions-increase-review-order-northern-ireland-2002/article-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.