# The Social Security Benefits Up-rating Order 1990, Article 7: Increase in rate of graduated retirement benefit and increments thereof


(1) In the National Insurance Act 1965, the sum of 5.71 pence referred to in section 36(1) (graduated retirement benefit) shall be increased by 7.6 per cent.; and from and including 9th April 1990 the reference in that provision to that sum shall accordingly have effect as a reference to 6.14 pence.
(2) It is hereby directed that the sums which are the increases of graduated retirement benefit under Schedule 2 to the Social Security (Graduated Retirement Benefit) (No. 2) Regulations 1978 (increases for deferred retirement) shall be increased by 7.6 per cent. of their amount apart from this Order.

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Source: https://www.legislation.gov.uk/uksi/1990/320/article/7 (the official version)
Page: https://openlegislation.uk/social-security-benefits-up-rating-order-1990/article-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.