S.I. 20 of 2008


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S.I. No. 20 of 2008.

OCCUPATIONAL PENSION SCHEMES (REVALUATION) REGULATIONS, 2008

EXPLANATORY NOTE

(This note is not part of the Instrument and does not purport to be a legal interpretation.)

Section 33 of the Pensions Act, 1990 (as amended by Section 21 of the Pensions (Amendment) Act, 2002), provides that the Minister for Social and Family Affairs, after consultation with the Minister for Finance, shall, in respect of each revaluation year, make Regulations specifying the percentage which shall determine the amount by which a preserved pension benefit is to be increased by in that year.

This Regulation provides for a revaluation percentage of 4% for 2007.

Last modified:08/02/2011
 

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