Guaranteed Minimum Pensions Increase Order (Northern Ireland) 2005 comes into force

Implementation date: 6 April 2005

The Order specifies 3 per cent as the percentage by which that part of any guaranteed minimum pension attributable to earnings factors for the tax years 1988-89 to 1996-97 and payable by contracted-out, defined benefit occupational pension schemes is to be increased. The Order can be viewed on the OPSI website.