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Pensions Act (Northern Ireland) 2008

Pensions Act (Northern Ireland) 2008

2008 CHAPTER 1

Schedules

Schedule 2 - Additional pension: simplified accrual rates

Part 2 - Revaluation of flat rate accrual amount

Paragraph 2 inserts a new section 130AA into the Administration Act to provide that the Department may make a corresponding order for Northern Ireland where the Secretary of State for Work and Pensions makes an order under section 148AA of the Social Security Administration Act 1992. This will allow the flat-rate accrual amount to be uprated in line with earnings.

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Explanatory Notes

Text created by the Northern Ireland Assembly department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes accompany all Acts of the Northern Ireland Assembly.

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