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The State Pension Debits and Credits (Revaluation) Order (Northern Ireland) 2020

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Citation, commencement and interpretation

1.—(1) This Order may be cited as the State Pension Debits and Credits (Revaluation) Order (Northern Ireland) 2020 and shall come into operation on—

(a)29th January 2020 for the purpose of making an award on a claim for a state pension under regulation 15(1) of the Social Security (Claims and Payments) Regulations (Northern Ireland) 1987(1) (advance notice of retirement and claim for and award of pension) to a person who reaches pensionable age(2) on or after 7th April 2020; and

(b)6th April 2020 for all other purposes.

(2) In this Article “a state pension” means a state pension under Part 1 of the Pensions Act (Northern Ireland) 2015(3).

The increase in the amount of relevant debits or credits

2.  For the purposes of paragraph 3 of each of Schedules 8 and 10 to the Pensions Act (Northern Ireland) 2015 (pension sharing: appropriate weekly rate and reduction), the amount of relevant debits or credits for the tax year specified in the first column of the table set out in the Schedule to this Order is directed to be increased by the percentage of their amount specified in the corresponding entry in the second column.

Sealed with the Official Seal of the Department for Communities on 7th January 2020

(L.S.)

Anne McCleary

A senior officer of the Department for Communities

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