# The Social Security Revaluation of Earnings Factors Order (Northern Ireland) 2013 S.R. 2013/62 · made 12 March 2013 This Order corresponds to an Order (S.I. 2013/527) 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 2012 – 2013 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 2012-2013 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-2013/pdf/nisr_20130062_en.pdf; Explanatory Memorandum https://openlegislation.uk/social-security-revaluation-of-earnings-factors-order-northern-ireland-2013/pdf/nisrem_20130062_en.pdf ## Introductory text Social Security Made 12th March 2013 Coming into operation 6th April 2013 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) 2013 and shall come into operation on 6th April 2013. ## 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 12th March 2013 (L.S.) Anne McCleary A senior officer of the Department for Social Development ## Percentage increase of earnings factor for specified tax years Tax Year Percentage 1978 - 1979 734.2 1979 - 1980 636.3 1980 - 1981 515.1 1981 - 1982 415.2 1982 - 1983 367.9 1983 - 1984 334.5 1984 - 1985 302.3 1985 - 1986 277.4 1986 - 1987 246.5 1987 - 1988 222.7 1988 - 1989 196.8 1989 - 1990 167.9 1990 - 1991 149.7 1991 - 1992 126.8 1992 - 1993 112.9 1993 - 1994 102.8 1994 - 1995 96.7 1995 - 1996 88.4 1996 - 1997 83.3 1997 - 1998 74.5 1998 - 1999 66.9 1999 - 2000 60.1 2000 - 2001 50.7 2001 - 2002 44.9 2002 - 2003 38.9 2003 - 2004 34.1 2004 - 2005 29.2 2005 - 2006 24.1 2006 - 2007 20.0 2007 - 2008 15.3 2008 - 2009 10.6 2009 - 2010 7.3 2010 - 2011 6.0 2011 – 2012 3.6 2012 - 2013 1.8 ## Explanatory note (This note is not part of the Order) This Order corresponds to an Order (S.I. 2013/527) 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 2012 – 2013 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 2012-2013 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/2013/62 (the official version) Page: https://openlegislation.uk/social-security-revaluation-of-earnings-factors-order-northern-ireland-2013 Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.