
Now, therefore, the Department for Social Development, in exercise of the powers conferred by section 105 of the Pension Schemes (Northern Ireland) Act 1993, and now vested in it, and of all other powers enabling it in that behalf, hereby makes the following Order:

1 

(1) This Order may be cited as the Guaranteed Minimum Pensions Increase Order (Northern Ireland) 2002 and shall come into operation on 6th April 2002.
(2) In this Order “relevant period” has the same meaning as in section 109(3A) of the Pension Schemes Act 1993.
(3) The Interpretation Act (Northern Ireland) 1954 shall apply to this Order as it applies to an Act of the Assembly.
2 
For the purposes of section 105(1) of the Pension Schemes (Northern Ireland) Act 1993 the percentage by which there is to be an increase in the rate of that part of any guaranteed minimum pension which is attributable to earnings factors for the tax years in the relevant period shall be 1·7 per cent.
Sealed with the Official Seal of the Department for Social Development on 12th March 2002.
John O'Neill
Senior Officer of the
Department for Social Development
