Guaranteed Minimum Pensions Increase Order (Northern Ireland) 2009 comes into force

Implementation date: 6 April 2009

The Order specifies 3% as the percentage by which the 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.