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Statutory Instrument

The Guaranteed Minimum Pensions Increase Order 2002

Citation
S.I. 2002/649
As at
Sections
2
Section 1Citation and commencement

This Order may be cited as the Guaranteed Minimum Pensions Increase Order 2002 and shall come into force on 6th April 2002.

Section 2Increase of guaranteed minimum pensions

For the purposes of section 109(2) and (3) of the Pension Schemes Act 1993 the percentage by which there is to be an increase in the rate of that part of any guaranteed minimum pension which is attributable to earnings factors for the tax years in the relevant period shall be 1.7 per cent.

2 sections

Cite this legislation

The Guaranteed Minimum Pensions Increase Order 2002 (legislation.gov.uk, OGL v3.0). Retrieved via LawPlayer, https://lawplayer.com/uk/act/uksi-2002-649

Contains public sector information licensed under the Open Government Licence v3.0.

OGL-3

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