Revaluation of earnings factors2

The earnings factors for tax years specified in the Schedule to this Order, in so far as they are relevant5—

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 (including that Part as modified by or under any other enactment),

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