The Social Security Revaluation of Earnings Factors Order 2020

Rounding of fractional amounts

This section has no associated Explanatory Memorandum

3.  Where any earnings factor relevant to the calculation specified in article 2(a)(i), as increased in accordance with this Order, would not but for this article be expressed as a whole number of pounds, it is to be so expressed by rounding down any fraction of a pound less than one half and rounding up any other fraction of a pound.