Article 7 Increase in rate of graduated retirement benefit and increments thereof

—

(1)

The sum of 6.14 pence referred to in section 35(1) of the National Insurance Act (Northern Ireland) 1966^f1 (graduated retirement benefit) shall be increased by 10.9 per cent.; and accordingly, from and including 8th April 1991 the reference in that provision to that sum shall have effect as a reference to 6.81 pence.

(2)

The sums which are the increases of graduated retirement benefit under Schedule 2 to the Social Security (Graduated Retirement Benefit) (No. 2) Regulations (Northern Ireland) 1978^f2 (increases for deferred entitlement to a Category A or Category B retirement pension) shall be increased by 10.9 per cent. of their amount apart from this order.

Annotations

Footnotes

f1: 1966 c. 6 (N.I.); section 35 was repealed by the Social Security Act 1973 (c. 38) but is continued in force by regulation 2 of S.R. 1978 No. 105 in the modified form set out in Schedule 1 to those regulations; see also Article 7 of S.R. 1990 No. 70
f2: S.R. 1978 No. 105; the relevant amending regulations are S.R. 1989 No. 373