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2001 No. 100

SOCIAL SECURITY

The Social Security Revaluation of Earnings Factors Order (Northern Ireland) 2001

  Made 7th March 2001 
  Coming into operation 6th April 2001 

Whereas the Secretary of State for Social Security has made an Order[1] under sections 148(3) and (4) and 189(5) of the Social Security Administration Act 1992[2]:

Now, therefore, the Department for Social Development, in exercise of the powers conferred by sections 130 and 165(5) of the Social Security Administration (Northern Ireland) Act 1992[3], and now vested in it[4], and of all other powers enabling it in that behalf, hereby makes the following Order:

Citation and commencement
     1. This Order may be cited as the Social Security Revaluation of Earnings Factors Order (Northern Ireland) 2001 and shall come into operation on 6th April 2001.

Revaluation of earnings factors
     2. The earnings factors[5] for tax years specified in the first column of the Schedule to this Order, in so far as they are relevant[6] - 

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

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



Sealed with the Official Seal of the Department for Social Development on


7th March 2001.

L.S.


John O'Neill
Senior Officer of the Department for Social Development


SCHEDULE
Article 2

Tax Year Percentage Increase
1978-79 475·9
1979-80 408·3
1980-81 324·6
1981-82 255·6
1982-83 223·0
1983-84 199·9
1984-85 177·7
1985-86 160·5
1986-87 139·2
1987-88 122·7
1988-89 104·9
1989-90 84·9
1990-91 72·4
1991-92 56·5
1992-93 47·0
1993-94 40·0
1994-95 35·8
1995-96 30·1
1996-97 26·5
1997-98 20·5
1998-99 15·2
1999-2000 10·6
2000-2001 4·0


EXPLANATORY NOTE

(This note is not part of the Order.)


This Order corresponds to an Order (S.I. 2001/631) made by the Secretary of State for Social Security under sections 148(3) and (4) and 189(5) of the Social Security Administration Act 1992. It directs that the earnings factors relevant to the calculation of the additional pension in the rate of any long-term benefit or of any guaranteed minimum pension, or to any other calculation required under Part III of the Pension Schemes (Northern Ireland) Act 1993, are to be increased for the tax years specified in the Schedule to this Order by the percentage of their amount specified in that Schedule. The percentage for the tax year 2000-01 is also relevant for the revaluation of the weekly rate of additional pension and shared additional pension in accordance with sections 45B(6), 55A(5) and 55B(6) of the Social Security Contributions and Benefits (Northern Ireland) Act 1992 ("the 1992 Act"). The percentage for the tax year 2000-01 is 4 per cent, and those for earlier tax years have been increased so that the earnings factors for those years are revalued at 2000-01 earnings levels.

The Order also provides for the rounding of fractional amounts for earnings factors relevant to the calculation of the additional pension in the rate of any long-term benefit. Rounding for the purpose of the calculation of any guaranteed minimum pension is not required by virtue of section 23(2) of the 1992 Act.

Notes:

 [1] S.I. 2001/631back

[2] 1992 c. 5back

[3] 1992 c. 8; section 130 was amended by paragraph 40 of Schedule 7 to the Pension Schemes (Northern Ireland) Act 1993 (c. 49) and by Article 125(3) of the Pensions (Northern Ireland) Order 1995 (S.I. 1995/3213 (N.I. 22)) subject to paragraphs (4) to (6) of that Articleback

[4] See Article 8(b) of S.R. 1999 No. 481back

[5] See sections 22 and 23 of the Social Security Contributions and Benefits (Northern Ireland) Act 1992 (c. 7). Section 22(2)(a) and (5) was amended by paragraph 5 of Schedule 2 to the Jobseekers (Northern Ireland) Order 1995 (S.I. 1995/2705 (N.I. 15)), and section 22(4) was amended by paragraph 43 of Schedule 6 to the Social Security (Northern Ireland) Order 1998 (S.I. 1998/1506 (N.I. 10)). Section 23(1) was amended by Article 131(1) of the Pensions (Northern Ireland) Order 1995 and section 23(2) was amended by paragraph 31 of Schedule 7 to the Pension Schemes (Northern Ireland) Act 1993. See also sections 45B(6), 55A(5) and 55B(6) of the Social Security Contributions and Benefits (Northern Ireland) Act 1992, inserted by paragraphs 2 and 3 of Schedule 6 to the Welfare Reform and Pensions (Northern Ireland) Order 1999 (S.I. 1999/3147 (N.I. 11)), under which weekly rates of additional pension and shared additional pension are increased by reference to the percentage figure specified in this Order for the tax year 2000-01back

[6] Earnings factors for any tax year after the tax year 1996-97 are not relevant to the calculation of any guaranteed minimum. See section 10(8) of the Pension Schemes (Northern Ireland) Act 1993 as amended by paragraph 20(b) of Schedule 3 to the Pensions (Northern Ireland) Order 1995back

[7] 1993 c. 49back


ISBN 0-337-02456-1


  © Crown copyright 2001

Prepared 16 March 2001

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