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The Social Security Revaluation of Earnings Factors Order 1996

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Revaluation of earnings factors

2.  The earnings factors relevant—

(a)to the calculation—

(i)of the additional pension in the rate of any long-term benefit; or

(ii)of any guaranteed minimum pension; or

(b)to any other calculation required under Part III of the Pension Schemes Act 1993(1) (including that Part as modified by or under any other enactment),

are directed to be increased for the tax years specified in the Schedule to this Order by the percentage of their amount shown opposite those tax years in that Schedule.

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