Statutory Rule 1995 No. 435

Occupational Pensions (Revaluation) Order (Northern Ireland) 1995

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© Crown Copyright 1995

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1995 No. 435

PENSIONS

Occupational Pensions (Revaluation) Order (Northern Ireland) 1995

Whereas the Secretary of State for Social Security has made an Order^[1] under paragraph 2(l) of Schedule 3 to the Pension Schemes Act 1993^[2]:

Now, therefore, the Department of Health and Social Services for Northern Ireland, in exercise of the powers conferred on it by paragraph 2(1) of Schedule 2 to the Pension Schemes (Northern Ireland) Act 1993^[3] and of all other powers enabling it in that behalf, hereby makes the following Order:

Citation, commencement and interpretation
    1.—(1)  This Order may be cited as the Occupational Pensions (Revaluation) Order (Northern Ireland) 1995 and shall come into operation on 1st January 1996.

    (2)  The Interpretation Act (Northern Ireland) 1954^[4] shall apply to this Order as it applies to a Measure of the Assembly.

Revaluation percentage for each revaluation period
    2.    For the purposes of paragraph 2(l) of Schedule 2 to the Pension Schemes (Northern Ireland) Act 1993, the revaluation percentage for each revaluation period specified in column 1 of the Schedule is the appropriate percentage specified in column 2 of that Schedule.

Sealed with the Official Seal of the Department of Health and Social Services for Northern Ireland on


W. G. Purdy

Assistant Secretary

23rd November 1995.

[1] S.I. 1995/3021 back

[2] 1993 c. 48 back

[3] 1993 c. 49 back

[4] 1954 c. 33 (N.I.) back

Explanatory Note