#2026/52Sosyal Güvenlik Gelir Faktörlerinin Yeniden Değerlendirilmesi Yönetmeliği (Kuzey İrlanda) 2026
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
This law updates the earnings factors used to calculate certain pensions in Northern Ireland, specifically for inherited additional pensions and guaranteed minimum pensions. It affects individuals receiving these types of pensions by ensuring their calculations reflect earnings levels from the 2025-2026 tax year.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Earnings factors for pensions are increased for specified tax years.
- Calculations will reflect 2025-2026 earnings levels.
- Affects inherited additional pensions and guaranteed minimum pensions.
Obligations
What this law requires
Increase earnings factors for inherited additional pension calculations by the percentages specified in the Schedule to this Order for the tax years listed
Increase earnings factors for guaranteed minimum pension calculations by the percentages specified in the Schedule to this Order for the tax years listed
Apply earnings factor revaluations to any other calculations required under Part III of the Pension Schemes (Northern Ireland) Act 1993 using the percentages specified in the Schedule
Ensure all earnings factor adjustments reflect 2025-2026 earnings levels as specified in this Order