Budget (No. 2) Act (Northern Ireland) 2025

Part 3N.I.Income

Annually managed expenditureN.I.

Income arising from:

Employer and employee contributions; transfers into the Northern Ireland Teachers’ Pension Scheme; certain receipts from the state pension scheme; certain payments received from specific government funds set up to facilitate early retirement initiatives.

Non-budget incomeN.I.

Income arising from:

Payments from the Department for the Economy in relation to the added years compensation element paid to teachers and lecturers who retired prematurely from Further Education colleges.