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

Made: 25th November 2025

Coming into operation: 1st January 2026

Accordingly the Department for Communities makes the following Order:

Citation, commencement and interpretation

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[^f00005] shall apply to this Order as it applies to an Act of the Assembly.

The higher and lower revaluation percentages for each revaluation period

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.

Schedule 1

Signed

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

David Tarr — A senior officer of the Department for Communities

Explanatory note

(This note is not part of the Order)

EXPLANATORY NOTE

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.

Footnotes

[^f00001]: 1993 c. 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.)), section 20(4) to (6) of the Pensions Act (Northern Ireland) 2012 (c. 3 (N.I.)), paragraph 5 of Schedule 6 to the Pension Schemes Act 2021 (c. 1), regulation 2(3) of S.R.2014 No. 213 and regulation 68(10) of S.I. 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)), Article 258 of the Pensions (Northern Ireland) Order 2005 (S.I. 2005/255 (N.I. 1)), 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, regulation 2(2) of S.R. 2014 No. 213 and regulation 68(8) of S.I. 2019/1514

[^f00002]: See Article 8(b) of S.R. 1999 No. 481 and section 1(7) of the Departments Act (Northern Ireland) 2016 (c. 5 (N.I.))

[^f00003]: S.I. 2025/1211

[^f00004]: 1993 c. 48

[^f00005]: 1954 c. 33 (N.I.)

Editorial notes

[^key-e66681b21f7258c6bd9eb5ec3563ec09]: Art. 1 in operation at 1.1.2026, see art. 1(1)

[^key-c8a4c07395837344b8fc0c5555b6a6a4]: Art. 2 in operation at 1.1.2026, see art. 1(1)

[^key-5dbf1d795df55f498f3278819869fac3]: Sch. 1 in operation at 1.1.2026, see art. 1(1)