Part II

Pensions
Chapter I

State pensions

Earnings factors

Revaluation of earnings factors
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In section 148(2) of the Social Security Administration Act 1992 (revaluation of earnings factors), for the words from “place” to the end there shall be substituted
place—
a
since the end of the period taken into account for the last review under this section, or
b
since such other date (whether earlier or later) as he may determine;
and for the purposes of any such review the Secretary of State shall estimate the general level of earnings in such manner as he thinks fit.
1992 c. 5.