Pensions Increase (Review) Order 1986
| Jurisdiction | UK Non-devolved |
| Citation | SI 1986/1116 |
1986 No. 1116
PENSIONS
The Pensions Increase (Review) Order 1986
Made 2nd July 1986
Laid before Parliament 4th July 1986
Coming into Operation 28th July 1986
Whereas by virtue of section 23 of the Social Security Pensions Act 1975 a direction has been given1under section 124 of the Social Security Act 19752by the Secretary of State for Social Services that the sums mentioned in section 23(1)(b) are to be increased:
Now therefore the Treasury, in exercise of the powers conferred by section 59(1), (2) and (5) of the Social Security Pensions Act 19753and now vested in them4, and all other powers enabling them in that behalf, hereby make the following Order:—
Citation and commencement
1. This Order may be cited as the Pension Increase (Review) Order 1986 and shall come into operation on 28th July 1986.
Interpretation
2.—(1) In this Order—
“the 1971 Act” means
“the 1974 Act” means
“the 1975 Act” means
“basic rate”
“the existing Orders” means
“official pension”
“pension authority”
“qualifying condition” means
“widow's pension” means
(2) For the purposes of this Order the time when a pension “begins” is that stated in section 8(2) of the 1971 Act, and the “beginning date”
(3) Where, for the purposes of this Order, it is necessary to calculate the number of complete months in any period an incomplete month shall be treated as a complete month if it consists of at least 16 days.
Pension increases
3. The annual rate of an official pension may, if a qualifying condition is satisfied or the pension is a widow's pension, be increased by the pension authority in respect of any period beginning on or after 28th July 1986 as follows:—
(1) a pension beginning before 25th November 1985 may be increased by 1.1 per cent of the basic rate as increased by the amount of any increase under section 1 of the 1971 Act or the existing Orders;
(2) a pension beginning on or after 25th November 1985 and before 28th July 1986 may be increased by (see PDF for details) where
(a)
(a) A is the number of complete months in the period between the beginning date of the pension and 28th July 1986, and
(b)
(b) B is 8.
Increases in certain lump sums
4. In respect of any lump sum or instalment of a lump sum which became payable before 28th July 1986 but after 24th November 1985 there may be paid an increase of (see PDF for details) where
(a) A is the number of complete months in the period between the beginning date for the lump sum or, if later, 25th November 1985 and the date on which it became payable; and
(b) B is 8.
Reductions in respect of guaranteed minimum pensions
5. The amount by reference to which any increase in the rate of an official pension provided for by this Order is to be calculated shall, in the case of a person—
(a) who is entitled to a guaranteed minimum pension on 28th July 1986, and
(b) whose entitlement to that guaranteed minimum pension arises from an employment from which (either directly or by virtue of the payment of a transfer credit) entitlement to the official pension also arises,
be reduced by an amount equal to the rate of the guaranteed minimum pension unless the Treasury5...
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