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


(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 under 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, 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/nisr/2012/137/article/4 (the official version)
Page: https://openlegislation.uk/pensions-increase-review-order-northern-ireland-2012/article-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.