Aries Pensions: s.148 (s.21) Orders: Earnings Factors

REVALUATION OF EARNINGS FACTORS (SECTION 148 [FORMERLY S.21] ORDERS)
Tax Year member left C/O employment	Tax Year of Earnings										Source SI
Tax Year member left C/O employment	78/79	79/80	80/81	81/82	82/83	83/84	84/85	85/86	86/87	87/88	Source SI
2008/09	654.2	565.7	456.1	365.7	323.0	292.8	263.7	241.2	213.3	191.7	2008/730
2007/08	623.8	538.8	433.7	347.0	306.0	276.9	249.0	227.4	200.7	179.9	2007/781
2006/07	595.3	513.7	412.7	329.4	290.0	262.1	235.3	214.5	188.8	168.9	2006/496
2005/06	572.4	493.5	395.8	315.3	277.2	250.2	224.3	204.2	179.3	160.1	2005/216
2004/05	545.9	470.1	376.3	298.9	262.3	236.4	211.5	192.2	168.3	149.8	2004/262
2003/04	522.3	449.2	358.8	284.3	249.0	224.1	200.1	181.5	158.5	140.7	2003/517
2002/03	500.7	430.2	342.9	270.9	236.9	212.8	189.7	171.7	149.5	132.3	2002/519
2001/02	475.9	408.3	324.6	255.6	223.0	199.9	177.7	160.5	139.2	122.7	2001/631
2000/01	453.8	388.7	308.3	242.0	210.6	188.4	167.0	150.5	130.0	114.2	2000/1365
1999/00	419.5	358.2	283.0	221.1	191.4	170.1	150.1	134.7	115.6	100.8	1999/1235
1998/99	399.0	340.0	267.8	208.4	179.9	159.4	140.2	125.4	107.0	92.9	1998/1137
1997/98	377.0	320.7	251.6	194.8	167.6	148.0	129.6	115.5	97.9	84.4	1997/1117
1996/97	354.4	300.7	235.0	180.9	154.9	136.3	118.7	105.2	88.5	75.6	1996/1133
1995/96	341.9	289.7	225.7	173.1	147.9	129.8	112.7	99.6	83.4	70.8	1995/1070
1994/95	323.1	273.1	211.9	161.5	137.3	120.0	103.7	91.1	75.6	63.5	1994/1105
1993/94	310.4	262.0	202.5	153.7	130.2	113.4	97.6	85.4	70.3	58.6	1993/1159
1992/93	291.0	244.8	188.2	141.6	119.3	103.3	88.2	76.6	62.2	51.1	1992/1102
1991/92	267.1	223.8	170.6	126.9	105.9	90.9	76.7	65.8	52.3	41.9	1991/1108
1990/91	233.4	194.0	145.8	106.1	87.0	73.4	60.5	50.6	38.3	28.9	1990/1412
1989/90	211.5	174.9	129.7	92.3	74.7	62.3	50.2	41.0	29.4	20.5	1989/805
1988/89	181.2	148.1	107.3	73.6	57.7	46.4	35.6	27.2	16.8	8.7	1988/867
1987/88	158.6	128.1	90.6	59.6	45.0	34.7	24.7	17.0	7.4		1987/861
1986/87	140.7	112.3	77.4	48.5	35.0	25.3	16.1	8.9			1986/809
1985/86	121.0	95.0	62.9	36.4	23.9	15.1	6.6				1985/688
1984/85	107.4	83.0	52.9	28.0	16.3	8.0					1984/581
1983/84	92.0	69.4	41.6	18.5	7.7						1983/655
1982/83	78.3	57.3	31.5	10.1							1982/607
1981/82	61.9	42.9	19.4								1981/598
1980/81	35.6	19.7									1980/728
1979/80	13.3										1979/832
1978/79	0

Tax Year member left C/O employment	Tax Year of Earnings										Source SI
Tax Year member left C/O employment	88/89	89/90	90/91	91/92	92/93	93/94	94/95	95/96	96/97	97/98	Source SI
08/09	168.4	142.2	125.7	105.0	92.5	83.3	77.8	70.3	65.7	57.8	2008/730
07/08	157.5	132.4	116.6	96.7	84.7	75.9	70.7	63.5	59.0	51.4	2007/781
06/07	147.4	123.3	108.1	89.0	77.5	69.0	63.9	57.0	52.7	45.5	2006/496
05/06	139.3	115.9	101.2	82.8	71.6	63.5	58.5	51.9	47.7	40.7	2005/216
04/05	129.8	107.4	93.3	75.6	64.9	57.0	52.3	45.9	41.9	35.1	SI2004/262
03/04	121.4	99.8	86.2	69.2	58.8	51.3	46.7	40.5	36.7	30.2	SI2003/517
02/03	113.7	92.9	79.8	63.3	53.3	46.0	41.6	35.7	32.0	25.7	SI2002/519
01/02	104.9	84.9	72.4	56.5	47.0	40.0	35.8	30.1	26.5	20.5	SI2001/631
00/01	97.0	77.8	65.7	50.5	41.3	34.6	30.6	25.1	21.7	15.9	SI2000/1365
99/00	84.6	67.2	55.8	41.5	33.0	26.6	22.8	17.6	14.1	9.4	SI1999/1235
98/99	77.3	60.6	49.7	35.9	27.7	21.6	17.9	12.9	9.8	4.6	SI1998/1137
97/98	69.5	53.5	43.1	30.0	22.1	16.3	12.7	8.0	5.0		SI1997/1117
96/97	61.4	46.2	36.3	23.8	16.3	10.8	7.4	2.8			SI1996/1133
95/96	57.0	42.2	32.5	20.4	13.1	7.7	4.4				SI1995/1070
94/95	50.3	36.2	26.9	15.3	8.3	3.1					SI1994/1105
93/94	45.8	32.1	23.1	11.8	5.0						SI1993/1159
92/93	38.9	25.8	17.3	6.5							SI1992/1102
91/92	30.4	18.2	10.1								SI1991/1108
90/91	18.4	7.3									1990/1412
89/90	10.8										1989/805

Tax Year member left C/O employment	Tax Year of Earnings										Source SI
Tax Year member left C/O employment	98/99	99/00	00/01	01/02	02/03	03/04	04/05	05/06	06/07	07/08	Source SI
08/09	50.9	44.8	36.2	31.0	25.6	21.2	16.8	12.2	8.5	4.2	2008/730
07/08	44.8	38.9	30.7	25.7	20.5	16.3	12.1	7.6	4.1		2007/781
06/07	39.1	33.5	25.6	20.7	15.8	11.7	7.6	3.4			2006/496
05/06	34.5	29.1	21.4	16.8	11.9	8.1	4.1				2005/216
04/05	29.2	24.0	16.6	12.2	7.5	3.8					2004/262
03/04	24.5	19.5	12.4	8.1	3.6						2003/517
02/03	20.1	15.3	8.5	4.3							2002/519
01/02	15.2	10.6	4.0								2001/631
00/01	10.8	6.3									2000/1365
99/00	4.2										1999/1235
Notes: Formerly made under SSPA 1975 s.21; now under PSA 1993 s.16. Based on the annual September figure for National Average Earnings (Whole Economy, actual ie not seasonally adjusted). Figures are the percentages by which band earnings are revalued, in order to calculate the accrued GMP. The figures for 1999/2000 (date of leaving) display some inconsistencies with those for previous years due to the change in the method used in calculating the National Average Earnings Index.