Guaranteed Minimum Pensions Increase Order (Northern Ireland) 2012 comes into force
Implementation date: 6 April 2012
The Order prescribes that the part of a guaranteed minimum pension that is attributable to earnings factors for the tax years 1988/89 to 1996/97 and is payable by contracted-out, defined-benefit occupational pension schemes increases by 3%. The Order makes corresponding provision to an Order made in Great Britain. The Order can be viewed on the UK legislation website.