#2026/51Garantili Asgari Emeklilik Artış Emri (Kuzey İrlanda) 2026
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
The Guaranteed Minimum Pensions Increase Order (Northern Ireland) 2026 states that certain pensions will increase by 3% for those who were part of defined benefit pension schemes from 1988 to 1997. This change affects individuals receiving guaranteed minimum pensions from these schemes.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Guaranteed minimum pensions will increase by 3%
- Applies to pensions from tax years 1988-1989 to 1996-1997
- Affects defined benefit occupational pension schemes
Obligations
What this law requires
Increase the guaranteed minimum pension component attributable to earnings factors for tax years 1988-1989 to 1996-1997 by 3% for eligible pension scheme members
Apply the 3% increase only to that portion of guaranteed minimum pensions derived from the specified earnings factors (tax years 1988-1989 to 1996-1997)
Ensure the pension increase applies only to individuals who were members of defined benefit pension schemes between 1988 and 1997