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United Kingdom Statutory Instruments |
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You are here: BAILII >> Databases >> United Kingdom Statutory Instruments >> The Social Security Pensions (Low Earnings Threshold) Order 2009 No. 610 URL: http://www.bailii.org/uk/legis/num_reg/2009/uksi_20090610_en_1.html |
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Made
10th March 2009
Laid before Parliament
16th March 2009
Coming into force
6th April 2009
In accordance with section 148A (revaluation of low earnings threshold) of the Social Security Administration Act 1992(1), the Secretary of State has reviewed the general level of earnings obtaining in Great Britain.
It appears to the Secretary of State that the general level of earnings has increased during the review period.
The Secretary of State makes the following Order in exercise of the powers conferred on him by section 148A of the Social Security Administration Act 1992.
1. This Order may be cited as the Social Security Pensions (Low Earnings Threshold) Order 2009 and shall come into force on 6th April 2009.
2. For the purposes of the Social Security Contributions and Benefits Act 1992(2), it is directed that the low earnings threshold(3) for the tax years following the tax year 2008 - 2009 shall be £13,900.
Signed by authority of the Secretary of State for Work and Pensions.
Rosie Winterton.
Minister of State
Department for Work and Pensions
10th March 2009
(This note is not part of the Order)
This Order is made following a review by the Secretary of State under section 148A (revaluation of low earnings threshold) of the Social Security Administration Act 1992 (c. 5) of the general level of earnings in Great Britain with a view to determining whether, and if so by how much, the amount of the low earnings threshold for the purposes of the Social Security Contributions and Benefits Act 1992 (c. 4) should be increased for future tax years.
The low earnings threshold is the amount by reference to which the three surplus earnings bands are determined for the purpose of calculating the additional pension (the state second pension) in a state retirement pension.
As a result of that review, it appears to the Secretary of State that the general level of such earnings during the period from 1st October 2007 to 30th September 2008 has increased by 3.1 per cent.
This Order directs that the low earnings threshold for the tax years following 2008 - 2009 shall be £13,900. The threshold for the tax year 2008 - 2009 was directed to be £13,500 by virtue of the Social Security Pensions (Low Earnings Threshold) Order 2008 (S.I. 2008/726).
A full impact assessment has not been produced for this instrument as it has no new impact on the private or voluntary sectors.
1992 c. 5. Section 148A was inserted by section 33(1) of the Child Support, Pensions and Social Security Act 2000 (c. 19). Back [1]
See section 44A of the Social Security Contributions and Benefits Act 1992 (c. 4) as inserted by section 30(3) of the Child Support, Pensions and Social Security Act 2000 (c. 19). Back [3]
