The Pensions Increase (Review) Order (Northern Ireland) 2019

Document Number:2019 No. 70
 
FREE EXCERPT

Statutory Rules of Northern Ireland

Pensions

Made

28 th March 2019

Coming into operation

8 th April 2019

In accordance with section 132 of the Social Security Administration (Northern Ireland) Act 1992(1) the Department for Communities(2) has given a direction(3) that the sums which are the additional pensions in long-term benefits are to be increased by a specified percentage.

The Department of Finance now makes the following Order in exercise of the powers conferred by Article 69(1) , (2) , (5) and (5 ZA) of the Social Security Pensions (Northern Ireland) Order 1975(4) and now vested in it(5).

Citation and commencement

  1. This Order may be cited as the Pensions Increase (Review) Order (Northern Ireland) 2019 and shall come into operation on 8 th April 2019.

    Interpretation

  2. —(1) In this Order, “the 1975 Order” means the Social Security Pensions (Northern Ireland) Order 1975.

    (2) In this Order, any reference to a pension is a reference to a pension which began before 8 th April 2019(6).

    Pension increases: annual rate and lump sums

  3. —(1) This article applies to an official pension if—

    (a) a qualifying condition is satisfied; or

    (b) the pension is—

    (i) a derivative pension,

    (ii) a substituted pension or,

    (iii) a relevant injury pension.

    (2) In relation to any period on or after 8 th April 2019 , the pension authority may increase the annual rate(7) of the pension—

    (a) for a pension which began before 9 th April 2018 , by 2.4 per cent;

    (b) for a pension which began on or after 9 th April 2018 , by 2.4 per cent multiplied by—

    where A is the number of complete months in the period between the beginning date of the pension and 8 th April 2019.

    (3) In relation to a lump sum which is payable on or after 9 th April 2018 but before 8 th April 2019 , the pension authority may increase the lump sum by 2.4 per cent multiplied by—

    where A is the number of complete months in the period between the beginning date for the lump sum (or, if later, 9 th April 2018) and the date on which it became payable.

    Reductions in respect of guaranteed minimum pensions

  4. —(1) Where—

    (a) a person is entitled to a guaranteed minimum pension increase on 8 th April 2019 , and

    (b) entitlement to that guaranteed minimum pension arises from an employment from which (either directly, or indirectly by virtue of the payment of a transfer credit) entitlement to the official pension also arises,

    the amount by reference to which any increase is calculated for the purposes of...

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