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The Guaranteed Minimum Pensions Increase Order (Northern Ireland) 1998
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- 1998 No. 52
- Explanatory Note
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Explanatory Note
(This note is not part of the Order.)
This Order, which corresponds to an Order (S.I. 1998/406) made by the Secretary of State for Social Security under section 109(4) of the Pension Schemes Act 1993, specifies 3 per cent. as the percentage by which that part of any guaranteed minimum pension attributable to earnings factors for the tax years 1988-89 to 1996-97 and payable by occupational pension schemes is to be increased.
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