The Occupational Pensions (Revaluation) Order (Northern Ireland) 2025
Source: legislation.gov.uk (2025-12-03)

This Order, which corresponds to an Order (S.I. 2025/1211) made by the Secretary of State for Work and Pensions under paragraph 2(1) of Schedule 3 to the Pension Schemes Act 1993, specifies appropriate revaluation percentages. The percentages specified are relevant to the revaluation of benefits under occupational pension schemes, as required by section 80 of, and Schedule 2 to, the Pension Schemes (Northern Ireland) Act 1993. The lower revaluation percentage introduced by the Pensions (No. 2) Act (Northern Ireland) 2008 (c. 13 (N.I.)) does not apply to pensionable service before 6th April 2009.

Prospective

Statutory Rules of Northern Ireland

2025 No. 185

Pensions

The Occupational Pensions (Revaluation) Order (Northern Ireland) 2025

Made

25th November 2025

Coming into operation

1st January 2026

This Order is made in exercise of the powers conferred by paragraph 2(1) of Schedule 2 to the Pension Schemes (Northern Ireland) Act 1993(1 (\"#f00001\")) and now vested in the Department for Communities(2 (\"#f00002\")).

The Secretary of State for Work and Pensions has made an Order(3 (\"#f00003\")) under paragraph 2(1) of Schedule 3 to the Pension Schemes Act 1993(4 (\"#f00004\")).

Accordingly the Department for Communities makes the following Order:

Prospective

Citation, commencement and interpretationN.I.

1.—(1) This Order may be cited as the Occupational Pensions (Revaluation) Order (Northern Ireland) 2025 and shall come into operation on 1st January 2026.

(2) The Interpretation Act (Northern Ireland) 1954(5 (\"#f00005\")) shall apply to this Order as it applies to an Act of the Assembly.

Commencement Information

I1Art. 1 in operation at 1.1.2026, see art. 1(1) (\"http://www.legislation.gov.uk/id/nisr/2025/185/article/1/1\")

The higher and lower revaluation percentages for each revaluation periodN.I.

2. For the purposes of paragraph 2(1) of Schedule 2 to the Pension Schemes (Northern Ireland) Act 1993 (methods of revaluing accrued pension benefits), for each revaluation period specified in column 1 of the Schedule—

(a)the higher revaluation percentage is the percentage specified in column 2, and

(b)the lower revaluation percentage, where applicable, is the percentage specified in column 3,

in relation to that period.

Commencement Information

I2Art. 2 in operation at 1.1.2026, see art. 1(1) (\"http://www.legislation.gov.uk/id/nisr/2025/185/article/1/1\")

Sealed with the Official Seal of the Department for Communities on 25th November 2025

(L.S.)

David Tarr

A senior officer of the Department for Communities

Prospective

Article 2

Schedule 1N.I.

Commencement Information

I3Sch. 1 in operation at 1.1.2026, see art. 1(1) (\"http://www.legislation.gov.uk/id/nisr/2025/185/article/1/1\")

Column 1

Revaluation period

Column 2

Higher revaluation percentage

Column 3

Lower revaluation percentage

Prospective

EXPLANATORY NOTE

(This note is not part of the Order)

This Order, which corresponds to an Order (S.I. 2025/1211 (\"http://www.legislation.gov.uk/id/uksi/2025/1211\")) made by the Secretary of State for Work and Pensions under paragraph 2(1) of Schedule 3 to the Pension Schemes Act 1993, specifies appropriate revaluation percentages. The percentages specified are relevant to the revaluation of benefits under occupational pension schemes, as required by section 80 of, and Schedule 2 to, the Pension Schemes (Northern Ireland) Act 1993. The lower revaluation percentage introduced by the Pensions (No. 2) Act (Northern Ireland) 2008 (c. 13 (N.I.)) (\"http://www.legislation.gov.uk/id/nia/2008/13\") does not apply to pensionable service before 6th April 2009.

(1)

1993 c. 49 (\"http://www.legislation.gov.uk/id/ukpga/1993/49\"); Schedule 2 was amended by paragraphs 1 to 3 of Schedule 1 to the Pensions (No. 2) Act (Northern Ireland) 2008 (c. 13 (N.I.)) (\"http://www.legislation.gov.uk/id/nia/2008/13\"), section 20(4) to (6) of the Pensions Act (Northern Ireland) 2012 (c. 3 (N.I.)) (\"http://www.legislation.gov.uk/id/nia/2012/3\"), paragraph 5 of Schedule 6 to the Pension Schemes Act 2021 (c. 1) (\"http://www.legislation.gov.uk/id/ukpga/2021/1\"), regulation 2(3) of S.R. 2014 No. 213 (\"http://www.legislation.gov.uk/id/nisr/2014/213\") and regulation 68(10) of S.I. 2019/1514 (\"http://www.legislation.gov.uk/id/uksi/2019/1514\"); see also section 80 as amended by Part 3 of Schedule 5 to the Pensions (Northern Ireland) Order 1995 (S.I. 1995/3213 (N.I. 22) (\"http://www.legislation.gov.uk/id/nisi/1995/3213\")), Article 258 of the Pensions (Northern Ireland) Order 2005 (S.I. 2005/255 (N.I. 1) (\"http://www.legislation.gov.uk/id/nisi/2005/255\")), section 20(1) to (3) of the Pensions Act (Northern Ireland) 2012, paragraph 2 of Schedule 6 to the Pension Schemes Act 2021, paragraph 13 of the Schedule to S.R. 2005 No. 434 (\"http://www.legislation.gov.uk/id/nisr/2005/434\"), regulation 2(2) of S.R. 2014 No. 213 (\"http://www.legislation.gov.uk/id/nisr/2014/213\") and regulation 68(8) of S.I. 2019/1514 (\"http://www.legislation.gov.uk/id/uksi/2019/1514\")

(2)

See Article 8(b) of S.R. 1999 No. 481 (\"http://www.legislation.gov.uk/id/nisr/1999/481\") and section 1(7) of the Departments Act (Northern Ireland) 2016 (c. 5 (N.I.)) (\"http://www.legislation.gov.uk/id/nia/2016/5\")

(3)

S.I. 2025/1211 (\"http://www.legislation.gov.uk/id/uksi/2025/1211\")

(4)

1993 c. 48 (\"http://www.legislation.gov.uk/id/ukpga/1993/48\")

(5)

1954 c. 33 (N.I.) (\"http://www.legislation.gov.uk/id/apni/1954/33\")