Independent report

Report to Parliament on the 2014 re-rating and up-rating orders

The Government Actuary’s annual report on the impact on the Great Britain National Insurance Fund of the year’s orders for benefit and contribution-related uprating.

From:
Government Actuary's Department
Published
27 January 2014

Documents

Report by the Government Actuary on the draft Social Security Benefits Up-rating Order 2014; the Welfare Benefits Up-rating Order 2014; and the draft Social Security (Contributions) Order 2014

Ref: ISBN 9780108560224, 2618653 01/14 36532 19585

PDF, 2.68 MB, 36 pages

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Details

This report has been prepared under sections 142(1), 150(8) and 150A(5) of the Social Security Administration Act 1992 (SSAA 92) and section 1(4) of the Welfare Benefits Up-rating Act 2013. It considers the potential effect on the National Insurance Fund (the Fund) of:

  • the draft Social Security Benefits Up-rating Order 2014 (the Up-rating Order)
  • the draft Social Security (Contributions) (Re-rating and National Insurance Fund Payments) Order 2014
  • the Welfare Benefits Up-rating Order 2014

This report also includes the potential effect on the Fund of the draft Social Security (Contributions) (Limits and Thresholds) (Amendment) Regulations 2014 (the Limits and Thresholds Regulations).

Published 27 January 2014

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