Pensions Increase (Review) Order 1993
| Jurisdiction | UK Non-devolved |
| Citation | SI 1993/779 |
| Year | 1993 |
1993 No. 779
PENSIONS
The Pensions Increase (Review) Order 1993
Made 15th March 1993
Laid before Parliament 18th March 1993
Coming into force 12th April 1993
Whereas by virtue of section 151(1) of the Social Security Administration Act 19921a direction has been given2under section 150(2) and section 190(1)(a) of that Act by the Secretary of State for Social Security that the sums mentioned in section 150(1)(c) of that Act are to be increased;
Now therefore the Treasury, in exercise of the powers conferred by section 59(1), (2), (5) and (5ZA) 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 Pensions Increase (Review) Order 1993 and shall come into force on 12th April 1993.
Interpretation
2.—(1) In this Order–
“the 1971 Act” means the Pensions (Increase) Act 1971;5
“the 1974 Act” means the Pensions (Increase) Act 1974;6
“the 1975 Act” means the Social Security Pensions Act 1975;
“basic rate” and “derivative pension” have the meanings given by section 17(1) of the 1971 Act;7
“the existing Orders” means the Pensions Increase (Annual Review) Order 1972,8, the Pensions Increase (Annual Review) Order 1973,9, the Pensions Increase (Annual Review) Order 197410, the Pensions Increase (Annual Review) Order 197511, the Pensions Increase (Annual Review) Order 197612, the Pensions Increase (Annual Review) Order 197713, the Pensions Increase (Annual Review) Order 197814, the Pensions Increase (Review) Order 197915, the Pensions Increase (Review) Order 198016, the Pensions Increase (Review) Order 198117, the Pensions Increase (Review) Order 198218, the Pensions Increase (Review) Order 198319, the Pensions Increase (Review) Order 198420, the Pensions Increase (Review) Order 198521, the Pensions Increase (Review) Order 198622, the Pensions Increase (Review) Order 198723, the Pensions Increase (Review) Order 198824, the Pensions Increase (Review) Order 198925, the Pensions Increase (Review) Order 199026, the Pensions Increase (Review) Order 199127, and the Pensions Increase (Review) Order 1992;28,
“official pension” has the meaning given by section 5(1) of the 1971 Act;
“pension authority” has the meaning given by section 7(1) of the 1971 Act;
“qualifying condition” means one of the conditions laid down in section 3 of the 1971 Act;29,
“relevant injury pension”, “substituted pension” and “widow’s pension” have the meanings given by section 17(1) of the 1971 Act.
(2) For the purposes of this Order the time when a pension “begins” is that stated in section 8(2) of the 1971 Act30and the “beginning date” shall be construed accordingly.
(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 derivative or substituted pension or a relevant injury pension, be increased by the pension authority in respect of any period on or after 12th April 1993 as follows–
(1) a pension beginning before 6th April 1992 may be increased by 3.6 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 6th April 1992 and before 12th April 1993 may be increased by 3.6 per cent multiplied by
where
a
A is the number of complete months in the period between the beginning date of the pension and 12th April 1993, and
b
B is 12.
Increases in certain lump sums
4. In respect of any lump sum or instalment of a lump sum which became payable before 12th April 1993 but on or after 6th April 1992 there may be paid an increase of 3.6 per cent of the amount of the lump sum or instalment (as increased by the amount under section 1 of the 1971 Act or under the existing Orders) multiplied by
where
a
A is the number of complete months in the period between the beginning date for the lump sum or, if later, 6th April 1992 and the date on which it became payable; and
b
B is 12.
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 12th April 1993, 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 Treasury31shall, in accordance with the provisions of section 59A of the 1975 Act, otherwise direct.
6. The amount by reference to...
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