The Guaranteed Minimum Pensions Increase Order (Northern Ireland) 2018

Increase of guaranteed minimum pensions

This section has no associated Explanatory Memorandum

2.  For the purposes of section 105(1) of the Pension Schemes (Northern Ireland) Act 1993, the percentage by which there is to be an increase in the rate of that part of any guaranteed minimum pension which is attributable to earnings factors for the tax years in the relevant period shall be 3 per cent.