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GBR-2008-R-78558
Breadcrumb
Title_of_text
Guaranteed Minimum Pensions Increase Order 2008 (S.I. 2008 No. 581).
Main Region
First Region
Country(ies)
United Kingdom
Subjects (Classification)
Old-age, invalidity and survivors benefit
Adopted on (Date of text)
2008-03-04
Scope of text
National
Type of legislation (Type of text)
Regulation, Decree, Ordinance
Second Region
Abstract/Citation
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. Under section 109(3) of the Pension Schemes Act 1993 (c.48) the percentage to be specified is the actual percentage increase in the general level of prices in the period under review or 3 per cent., whichever is less.
Amended Text region
Amended text(s)
1993-11-05 (GBR-1993-L-35180)
Pension Schemes Act 1993 (Chapter 48)
Electronic region
Electronic source title
Regulation on-line
Author
Office of Public Sector Information
Country
United Kingdom
URL
http://www.opsi.gov.uk/si/si2008/pdf/uksi_20080581_en.pdf