
1 
This Order may be cited as the Social Security Revaluation of Earnings Factors Order (Northern Ireland) 2012 and shall come into operation on 6th April 2012.
2 
The earnings factors for the tax years specified in the first column of the Schedule in so far as they are relevant—
(a) to the calculation—
(i) of the additional pension in the rate of any long-term benefit, or
(ii) of any guaranteed minimum pension, or
(b) to any other calculation required under Part III of the Pension Schemes (Northern Ireland) Act 1993 (including that Part as modified by or under any other enactment),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 the Schedule.
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 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 2nd March 2012
(L.S.)Anne McCleary
A senior officer of the Department for Social Development


SCHEDULE
Article 2


Tax Year Percentage
1978 - 1979 719.5
1979 - 1980 623.3
1980 - 1981 504.3
1981 - 1982 406.1
1982 - 1983 359.6
1983 - 1984 326.8
1984 - 1985 295.2
1985 - 1986 270.7
1986 - 1987 240.4
1987 - 1988 217.0
1988 - 1989 191.6
1989 - 1990 163.2
1990 - 1991 145.3
1991 - 1992 122.8
1992 - 1993 109.2
1993 - 1994 99.2
1994 - 1995 93.2
1995 - 1996 85.1
1996 - 1997 80.0
1997 - 1998 71.5
1998 - 1999 63.9
1999 - 2000 57.3
2000 - 2001 48.0
2001 - 2002 42.3
2002 - 2003 36.4
2003 - 2004 31.7
2004 - 2005 26.9
2005 - 2006 21.9
2006 - 2007 17.9
2007 - 2008 13.2
2008 - 2009 8.7
2009 – 2010 5.4
2010 – 2011 4.1
2011 – 2012 1.8