# The Up-rating of Basic Pension etc. (Designated Tax Year) Order 2010, Note: Explanatory note


(This note is not part of the Order)
This Order provides that the designated tax year for the purposes of section 5 (up-rating of basic pension etc. and standard minimum guarantee by reference to earnings) of the Pensions Act 2007 (c. 22) is the tax year 2010-11.
Accordingly, the tax year 2010-11 is the first tax year in which the Secretary of State will carry out a review of the following amounts, in order to determine whether they have retained their value in relation to the general level of earnings obtaining in Great Britain:
the amount of the basic state pension;
in the case of Category B, C or D retirement pensions, the amounts specified in paragraph 5 of Part 1 and in paragraphs 6 and 7 of Part 3 of Schedule 4 to the Social Security Contributions and Benefits Act 1992 (c. 4);
in the case of industrial death benefit, the amounts specified in paragraph 10 of Part 5 of that Schedule (apart from the amount of the initial rate) and the amount specified in paragraph 11 of that Part of that Schedule.
A full impact assessment has not been produced for this instrument as it has no impact on the private or voluntary sectors.

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Source: https://www.legislation.gov.uk/uksi/2010/2650/note (the official version)
Page: https://openlegislation.uk/up-rating-of-basic-pension-etc-designated-tax-year-order-2010/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.