# The Social Security (Earnings Factor) Regulations 1979, Paragraph 4


Where Class 1 contributions have been paid or treated as paid in respect of the year commencing on 6th April 1987, or any subsequent year, upon a person’s earnings paid in that year and, but for this paragraph, the ascertainment of any earnings factor of his in respect of such year by the application of paragraphs 2 or 3 above would have the effect that—
(a) his earnings factor derived from those earnings, or
(b) the aggregate of his earnings factors derived from those earnings, and any earnings credited in respect of the same year, together with any derived from Class 2 or Class 3 contributions paid or credited in that year
would fall short of—
(i)the qualifying earnings factor, by an amount not exceeding £50, or
(ii)the standard level, by an amount not exceeding £50, or
(iii)one-half of the standard level, by an amount not exceeding £25,
the amount of that earnings factor as so ascertained shall, for the purpose of section 13(2)(a) of the Act, or section 2(4) of the Pensions Act 2014 be increased by the amount of the shortfall, and the amount resulting shall be rounded up to the nearest whole pound.

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Source: https://www.legislation.gov.uk/uksi/1979/676/schedule/paragraph/4 (the official version)
Page: https://openlegislation.uk/social-security-earnings-factor-regulations-1979/schedule/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

