The Social Security Pensions (Flat Rate Accrual Amount) Order 2015
This Order is made following a review by the Secretary of State under section 148AA(1) of the Social Security Administration Act 1992 (c.5) of the general level of earnings in Great Britain with a view to determining whether, and if so by how much, the general level of earnings has increased during the period from 1st October 2013 to 30th September 2014. As a result of that review, it appears to the Secretary of State that the general level of earnings during that period has increased by 1.5%. This Order therefore directs, in accordance with section 148AA(4) of that Act, that the flat rate accrual amount for the tax year beginning 6th April 2015 shall be £93.60.