This Statutory Rule is a technical Order giving effect to a statutory requirement to specify the percentage that will be used to revalue the “protected payment” element of a new State pension for persons who reach State Pension age on or after 12 April 2022.
The Pensions Act (Northern Ireland) 2015 (“the 2015 Act”) introduced a new State pension which applies to everyone reaching State Pension age on or after 6 April 2016.
Exisiting/Revised/New: Existing
Date of Screening: 02/12/2021
Screening Outcome - Full EQIA recommended: No