# The Social Security Revaluation of Earnings Factors Order (Northern Ireland) 2016 S.R. 2016/72 · made 25 February 2016 This Order corresponds to an Order (S.I. 2016/205) 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 2015 - 2016 is 2 per cent, and those for earlier tax years have been increased so that the earnings factors for those years are revalued at 2015 - 2016 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-2016/pdf/nisr_20160072_en.pdf; NI Explanatory Memorandum https://openlegislation.uk/social-security-revaluation-of-earnings-factors-order-northern-ireland-2016/pdf/nisrem_20160072_en.pdf ## Introductory text Social Security Made 25th February 2016 Coming into operation 6th April 2016 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) 2016 and shall come into operation on 6th April 2016. ## 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 25th February 2016 (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 771.5 1979 - 1980 669.2 1980 - 1981 542.6 1981 - 1982 438.2 1982 - 1983 388.8 1983 - 1984 353.9 1984 - 1985 320.2 1985 - 1986 294.2 1986 - 1987 262.0 1987 - 1988 237.1 1988 - 1989 210.1 1989 - 1990 179.9 1990 - 1991 160.8 1991 - 1992 136.9 1992 - 1993 122.4 1993 - 1994 111.8 1994 - 1995 105.5 1995 - 1996 96.8 1996 - 1997 91.4 1997 - 1998 82.3 1998 - 1999 74.3 1999 - 2000 67.3 2000 - 2001 57.4 2001 - 2002 51.3 2002 - 2003 45.1 2003 - 2004 40.0 2004 - 2005 34.9 2005 - 2006 29.6 2006 - 2007 25.3 2007 - 2008 20.4 2008 - 2009 15.5 2009 - 2010 12.1 2010 - 2011 10.7 2011 - 2012 8.3 2012 - 2013 6.3 2013 - 2014 4.5 2014 - 2015 3.5 2015 - 2016 2.0 ## Explanatory note (This note is not part of the Order) This Order corresponds to an Order (S.I. 2016/205) 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 2015 - 2016 is 2 per cent, and those for earlier tax years have been increased so that the earnings factors for those years are revalued at 2015 - 2016 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/2016/72 (the official version) Page: https://openlegislation.uk/social-security-revaluation-of-earnings-factors-order-northern-ireland-2016 Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.