Explanatory note

This Order, a draft of which has been laid before and approved by a resolution of each House of Parliament, is made consequent upon a review under section 21 of the Social Security Pensions Act 1975 as amended by section 10 of the Social Security Act 1979, and it directs that the earnings factors relevant to calculating the additional component in the rate of any long-term benefit for the tax year specified in the Schedule to the Order are to be increased by the percentage of their amount specified in the Schedule. The Order also provides for the rounding of fractional amounts.