# The Social Security Revaluation of Earnings Factors Order (Northern Ireland) 2012 S.R. 2012/87 · made 2 March 2012 This Order corresponds to an Order (S.I. 2012/187) made by the Secretary of State for Work and Pensions under section 148 of the Social Security Administration Act 1992. It directs that the earnings factors relevant to the calculation of the additional pension in the rate of any long-term benefit or of any guaranteed minimum pension, or to any other calculation required under Part III of the Pension Schemes (Northern Ireland) Act 1993 are to be increased for the tax years specified in the Schedule to this Order by the percentage of their amount specified in that Schedule. The percentages for the tax years from and including 2000-2001 are also relevant for the purpose of revaluing state scheme pension debits and credits in accordance with sections 45B(6), 55A(5) and 55B(6) of the Social Security Contributions and Benefits (Northern Ireland) Act 1992 (“the 1992 Act”). The percentage for the tax year 2011 – 2012 is 1.8 per cent. and those for earlier tax years have been increased so that the earnings factors for those years are revalued at 2011-2012 earning levels. Made under: Social Security Administration (Northern Ireland) Act 1992 (Section 130, Section 165); Social Security Administration Act 1992 PDFs: Printed copy https://openlegislation.uk/social-security-revaluation-of-earnings-factors-order-northern-ireland-2012/pdf/nisr_20120087_en.pdf; Explanatory Memorandum https://openlegislation.uk/social-security-revaluation-of-earnings-factors-order-northern-ireland-2012/pdf/nisrem_20120087_en.pdf ## Introductory text Social Security Made 2nd March 2012 Coming into operation 6th April 2012 This Order is made in exercise of the powers conferred by sections 130 and 165(1), (4) and (5) of the Social Security Administration (Northern Ireland) Act 1992 and now vested in the Department for Social Development. The Secretary of State for Work and Pensions has made an Order under section 148 of the Social Security Administration Act 1992. Accordingly the Department for Social Development makes the following Order. ## 1 Citation and commencement This Order may be cited as the Social Security Revaluation of Earnings Factors Order (Northern Ireland) 2012 and shall come into operation on 6th April 2012. ## 2 Revaluation of earnings factors The earnings factors for the tax years specified in the first column of the Schedule in so far as they are relevant— (a) to the calculation— (i) of the additional pension in the rate of any long-term benefit, or (ii) of any guaranteed minimum pension, or (b) to any other calculation required under Part III of the Pension Schemes (Northern Ireland) Act 1993 (including that Part as modified by or under any other enactment), are directed to be increased for those tax years by the percentage of their amount shown opposite those tax years in the second column of the Schedule. ## 3 Rounding of fractional amounts Where any earnings factor relevant to the calculation specified in Article 2(a)(i), as increased in accordance with this Order, would not but for this Article be expressed as a whole number of pounds, it shall be so expressed by the rounding down of any fraction of a pound less than one half and the rounding up of any other fraction of a pound. ## Signature Sealed with the Official Seal of the Department for Social Development on 2nd March 2012 (L.S.) Anne McCleary A senior officer of the Department for Social Development ## Tax Year Percentage 1978 - 1979 719.5 1979 - 1980 623.3 1980 - 1981 504.3 1981 - 1982 406.1 1982 - 1983 359.6 1983 - 1984 326.8 1984 - 1985 295.2 1985 - 1986 270.7 1986 - 1987 240.4 1987 - 1988 217.0 1988 - 1989 191.6 1989 - 1990 163.2 1990 - 1991 145.3 1991 - 1992 122.8 1992 - 1993 109.2 1993 - 1994 99.2 1994 - 1995 93.2 1995 - 1996 85.1 1996 - 1997 80.0 1997 - 1998 71.5 1998 - 1999 63.9 1999 - 2000 57.3 2000 - 2001 48.0 2001 - 2002 42.3 2002 - 2003 36.4 2003 - 2004 31.7 2004 - 2005 26.9 2005 - 2006 21.9 2006 - 2007 17.9 2007 - 2008 13.2 2008 - 2009 8.7 2009 – 2010 5.4 2010 – 2011 4.1 2011 – 2012 1.8 ## Explanatory note (This note is not part of the Order) This Order corresponds to an Order (S.I. 2012/187) made by the Secretary of State for Work and Pensions under section 148 of the Social Security Administration Act 1992. It directs that the earnings factors relevant to the calculation of the additional pension in the rate of any long-term benefit or of any guaranteed minimum pension, or to any other calculation required under Part III of the Pension Schemes (Northern Ireland) Act 1993 are to be increased for the tax years specified in the Schedule to this Order by the percentage of their amount specified in that Schedule. The percentages for the tax years from and including 2000-2001 are also relevant for the purpose of revaluing state scheme pension debits and credits in accordance with sections 45B(6), 55A(5) and 55B(6) of the Social Security Contributions and Benefits (Northern Ireland) Act 1992 (“the 1992 Act”). The percentage for the tax year 2011 – 2012 is 1.8 per cent. and those for earlier tax years have been increased so that the earnings factors for those years are revalued at 2011-2012 earning levels. This Order also provides for the rounding of fractional amounts for earnings factors relevant to the calculation of the additional pension in the rate of any long-term benefit. Rounding for the purpose of the calculation of any guaranteed minimum pension is not required by virtue of section 23(2) of the 1992 Act. --- Source: https://www.legislation.gov.uk/nisr/2012/87 (the official version) Page: https://openlegislation.uk/social-security-revaluation-of-earnings-factors-order-northern-ireland-2012 Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.