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STATUTORY INSTRUMENTS
2026 No. 212
SOCIAL SECURITY
The Social Security Revaluation of Earnings Factors Order 2026
Made - - - - 3rd March 2026
Laid before Parliament 5th March 2026
Coming into force - - 6th April 2026
In accordance with section 148(2) of the Social Security Administration Act 1992(1), the Secretary
of State has reviewed the general level of earnings obtaining in Great Britain.
The Secretary of State has concluded, having regard to earlier orders made under section 148(2)
of that Act, that earnings factors(3) for the relevant tax years have not, during the period taken into
account for that review, maintained their value in relation to the general level of earnings.
Accordingly, the Secretary of State makes this Order in exercise of the powers conferred by
sections 148(3) and (4) and 189(4) and (5)(4) of that Act.
(1) 1992 c. 5. Section 148(2) was amended by section 37 of the Child Support, Pensions and Social Security Act 2000 (c. 19).
(2) Section 148(7) was amended by paragraph 27 of Schedule 8 to the Pension Schemes Act 1993 (c. 48). Section 148(7)(b)
provides that orders under section 21 (revaluation of earnings factors) of the Social Security Pensions Act 1975 (c. 60) are to
be treated as orders under section 148. Relevant orders are therefore S.I. 1979/832, 1980/728, 1981/598, 1982/607, 1983/655,
1984/581, 1985/688, 1986/809, 1987/861, 1988/867, 1989/805, 1990/1412, 1991/1108, 1992/1102, 1993/1159, 1994/1105,
1995/1070, 1996/1133, 1997/1117, 1998/1137, 1999/1235, 2000/1365, 2001/631, 2002/519, 2003/517, 2004/262, 2005/216,
2006/496, 2007/781, 2008/730, 2009/608, 2010/470, 2011/475, 2012/187, 2013/527, 2014/367, 2015/187, 2016/205,
2017/287, 2018/271, 2019/376, 2020/193, 2021/267, 2022/216, 2023/266, 2024/284 and 2025/255.
(3) See in respect of additional pensions sections 22 and 23 of the Social Security Contributions and Benefits Act 1992 (c. 4)
(“the Contributions and Benefits Act”). Section 22 was amended by paragraph 22 of Schedule 2 to the Jobseekers Act 1995
(c. 18), paragraph 61 of Schedule 7 to the Social Security Act 1998 (c. 14), section 30(1) of the Child Support, Pensions and
Social Security Act 2000, paragraph 7 of Schedule 1 to the National Insurance Contributions Act 2002 (c. 19) (“the 2002
Act”), paragraph 9(3) and (4) of Schedule 3 to the Welfare Reform Act 2007 (c. 5), section 12(1) of, and paragraphs 9 and
33 of Schedule 1 to, the Pensions Act 2007 (c. 22) (“the 2007 Act”), section 3(2) of, and paragraph 2 of Schedule 1 to, the
National Insurance Contributions Act 2008 (c. 16) (“the 2008 Act”) and paragraph 6 of Schedule 12, and paragraph 5 of
Schedule 16, to the Pensions Act 2014 (c. 19) (“the 2014 Act”). Section 23 was amended by paragraph 36 of Schedule 8 to the
Pensions Schemes Act 1993 (“the 1993 Act”), section 134(1) of the Pensions Act 1995 (c. 26) (“the 1995 Act”), paragraph
8 of Schedule 1 to the 2002 Act and paragraph 3(2) and (3) of Schedule 1 to the 2008 Act. See also in respect of guaranteed
minimum pensions section 14 of the 1993 Act, as amended by paragraph 27 of Schedule 5, and Part 3 of Schedule 7, to the 1995
Act, paragraph 38 of Schedule 1 to the Social Security Contributions (Transfer of Functions, etc.) Act 1999 (c. 2), paragraph
22(1) and (3) of Schedule 11 to the Proceeds of Crime Act 2002 (c. 29) and paragraphs 1 and 15 of Schedule 13 to the 2014
Act. See also paragraphs 4(2), 8(4) and 9(4) of Schedule 4B to the Contributions and Benefits Act under which flat rate accrual
amounts of additional state pension are to be increased by reference to the percentage figure specified for 2015-2016 in orders
under section 148 of the Social Security Administration Act 1992 (“the Administration Act”). Schedule 4B was inserted by
paragraph 1 of Schedule 2 to the 2007 Act and relevant amendments were made by S.I. 2016/224. See also paragraph 2(6) of
each of Schedules 8 and 10 to the 2014 Act under which old state scheme pension debits and credits are to be increased by
reference to percentage figures specified in orders under section 148 of the Administration Act.
(4) Relevant amendments to section 189 are made by section 86 of, and paragraph 109 of Schedule 7, and Schedule 8, to, the
Social Security Act 1998 and by S.I. 2013/252.Document Generated: 2026-04-07
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Citation, commencement and extent
1.—(1) This Order may be cited as the Social Security Revaluation of Earnings Factors Order
2026 and comes into force on 6th April 2026.
(2) This Order extends to England and Wales and Scotland.
Revaluation of earnings factors
2. Earnings factors for the tax years specified in the Schedule in so far as they are relevant—
(a) to the calculation of—
(i)the additional pension in the rate of any long-term benefit, or
(ii)any guaranteed minimum pension(5), or
(b) to any other calculation required under Part 3 of the Pension Schemes Act 1993 (schemes
that were contracted-out etc. and effects on members’ state scheme rights)(6) (including
that Part as modified by or under any other enactment),
are directed(7) to be increased by the percentage of their amount shown opposite those tax years in
that Schedule.
Rounding of fractional amounts
3. Where any earnings factor relevant to the calculation specified in article 2(a)(i), as increased in
accordance with this Order, would not but for this article be expressed as a whole number of pounds,
it is to be so expressed by rounding down any fraction of a pound less than one half and rounding
up any other fraction of a pound.
Signed by authority of the Secretary of State for Work and Pensions
Torsten Bell
Parliamentary Under Secretary of State
3rd March 2026 Department for Work and Pensions
(5) Earnings factors for any year after 1996-1997 are not relevant to the calculation of any guaranteed minimum pension:
section 14(8) of the Pensions Schemes Act 1993 as amended by paragraph 27(b) of Schedule 5 to the Pensions Act 1995.
(6) 1993 c. 48.
(7) See section 148(4) of the Social Security Administration Act 1992.
2Document Generated: 2026-04-07
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Schedule Article 2
Percentage increase of earnings factors for specified tax years
Tax year Percentage increase
1978-1979 1231.1
1979-1980 1074.8
1980-1981 881.5
1981-1982 722.0
1982-1983 646.6
1983-1984 593.2
1984-1985 541.9
1985-1986 502.1
1986-1987 452.9
1987-1988 414.8
1988-1989 373.6
1989-1990 327.4
1990-1991 298.4
1991-1992 261.8
1992-1993 239.7
1993-1994 223.6
1994-1995 213.8
1995-1996 200.6
1996-1997 192.4
1997-1998 178.5
1998-1999 166.2
1999-2000 155.5
2000-2001 140.4
2001-2002 131.1
2002-2003 121.6
2003-2004 113.9
2004-2005 106.1
2005-2006 97.9
2006-2007 91.4
2007-2008 83.9
2008-2009 76.5
2009-2010 71.2
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Tax year Percentage increase
2010-2011 69.2
2011-2012 65.3
2012-2013 62.4
2013-2014 59.6
2014-2015 58.1
2015-2016 55.8
2016-2017 52.7
2017-2018 48.9
2018-2019 44.5
2019-2020 40.6
2020-2021 35.2
2021-2022 31.8
2022-2023 26.1
2023-2024 17.8
2024-2025 9.5
2025-2026 4.8
EXPLANATORY NOTE
(This note is not part of the Order)
This Order is made following a review under section 148 (revaluation of earnings factors) of the
Social Security Administration Act 1992 (c. 5).
This Order applies to earnings factors relevant to the calculation of additional pension in any long-
term benefit or of any guaranteed minimum pension or to any other calculation required under Part 3
of the Pension Schemes Act 1993 (c. 48) (“the 1993 Act”). Article 2 provides that, for those purposes,
earnings factors for the tax years specified in the Schedule to this Order are to be increased by the
percentage of their amount specified in that Schedule; the effect is that earnings factors for those
years are revalued at 2025-2026 earnings levels.
Accruals of additional state pension ended with the introduction of new state pension on 6th April
2016. Revaluation of earnings factors is still required for inherited additional state pension in certain
circumstances (see sections 48B and 51 of the Social Security Contributions and Benefits Act 1992
(c. 4) (“the Contributions and Benefits Act”)).
The percentages specified in this Order for the tax years from and including 2000-2001 are used
in the revaluation of old state scheme pension debits and credits (awarded under section 49(1) of
the Welfare Reform and Pensions Act 1999 (c. 30)) in accordance with sections 13 and 14 of, and
paragraph 2(6) of each of Schedules 8 and 10 to, the Pensions Act 2014 (c. 19). The percentage
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item of legislation is currently only available in its original format.
specified for 2015-2016 is used to increase flat rate accrual amounts of additional state pension in
accordance with paragraphs 4(2), 8(4) and 9(4) of Schedule 4B to the Contributions and Benefits Act.
Accruals of guaranteed minimum pensions ended on 6th April 1997 by virtue of section 14(8) of the
1993 Act. Revaluation of earnings factors is still required for guaranteed minimum pensions which
are not yet in payment.
Article 3 of this Order provides for rounding fractional amounts for earnings factors relevant to the
calculation of the additional pension in the rate of any long-term benefit. By virtue of section 23(2) of
the Contributions and Benefits Act, rounding is not required for the purpose of calculating guaranteed
minimum pensions.
A full impact assessment has not been produced for this instrument as no, or no significant, impact
on the private, voluntary or public sector is foreseen.
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