Graduated retirement benefit
12.—(1) In section 35(1) of the National Insurance Act (Northern Ireland) 1966(1) (graduated retirement benefit)—
(a)the sum of 10∙57 pence shall be increased by 3∙9 per cent.; and
(b)the reference in that provision to that sum shall have effect as a reference to 10∙98 pence.
(2) The sums which are the increases of graduated retirement benefit under Schedule 2 to the Social Security (Graduated Retirement Benefit) (No. 2) Regulations (Northern Ireland) 1978(2) (increases for deferred entitlement to a Category A or Category B retirement pension) shall be increased by 3∙9 per cent.
(3) The sums which are lump sums to which surviving spouses or civil partners will become entitled under Schedule 1 to the Social Security (Graduated Retirement Benefit) Regulations (Northern Ireland) 2005(3) (increases of graduated retirement benefit and lump sums) shall be increased by 3∙9 per cent.
(4) The sums which are the additions under section 36(1) of the National Insurance Act (Northern Ireland) 1966 (special provision as to graduated retirement benefit for widows and widowers) shall be increased by 3∙9 per cent.
1966 c. 6 (N.I.); sections 35 and 36 were repealed by the Social Security Act 1973 (c. 38) but are continued in force by regulation 2 of S.R. 1978 No. 105
S.R. 1978 No. 105; relevant amending Regulations are S.R. 1989 No. 373 and S.R. 2005 Nos. 121 and 541
S.R. 2005 No. 121; relevant amending Regulations are S.R 2005 No. 541 and S.R. 2006 No. 104