The Social Security Revaluation of Earnings Factors Order 1981
This Order is made consequent upon a review under section 21 of the Social Security Pensions Act 1975, as amended by section 10 of the Social Security Act 1979 and section 3(3) of the Social Security Act 1980. It directs that the earnings factors relevant to calculating the additional component in the rate of any long-term benefit for the tax years specified in the Schedule to the Order are to be increased by the percentage of their amount specified in the Schedule (so that their value is maintained in relation to the general level of earnings obtaining in Great Britain). The Order also provides for the rounding of fractional amounts.