Social Security Revaluation of Earnings Factors Order 2015 comes into force
Implementation date: 6 April 2015
The order increases the percentages for revaluating earnings factors for the state second pension. The percentage for the tax year 2014/15 is 1.5%. The percentages for earlier tax years have been increased so that the earnings factors for those years are revalued at 2014/15 earning levels.