
1 
This Order may be cited as the Social Security Revaluation of Earnings Factors Order (Northern Ireland) 2024 and shall come into operation on 6th April 2024.
2 
Earnings factors for the tax years specified in the Schedule to this Order in so far as they are relevant—
(a) to the calculation of—
(i) the additional pension in the rate of any long-term benefit, or
(ii) 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 by the percentage of their amount shown opposite those tax years in that 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 rounding down any fraction of a pound less than one half and rounding up any other fraction of a pound.
Sealed with the Official Seal of the Department for Communities on 12th March 2024
(L.S.)David Tarr
A senior officer of the Department for Communities

SCHEDULE
Article 2


Tax Year Percentage
1978-1979 1115.4
1979-1980 972.7
1980-1981 796.2
1981-1982 650.6
1982-1983 581.7
1983-1984 533.0
1984-1985 486.1
1985-1986 449.8
1986-1987 404.9
1987-1988 370.1
1988-1989 332.5
1989-1990 290.3
1990-1991 263.8
1991-1992 230.4
1992-1993 210.2
1993-1994 195.4
1994-1995 186.6
1995-1996 174.5
1996-1997 167.0
1997-1998 154.3
1998-1999 143.1
1999-2000 133.3
2000-2001 119.5
2001-2002 111.0
2002-2003 102.3
2003-2004 95.3
2004-2005 88.2
2005-2006 80.7
2006-2007 74.8
2007-2008 67.9
2008-2009 61.2
2009-2010 56.3
2010-2011 54.5
2011-2012 51.0
2012-2013 48.3
2013-2014 45.7
2014-2015 44.4
2015-2016 42.3
2016-2017 39.5
2017-2018 35.9
2018-2019 32.0
2019-2020 28.4
2020-2021 23.4
2021-2022 20.3
2022-2023 15.1
2023-2024 7.6