Independent report
Report to Parliament on the 2024 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 order for benefit-related uprating.
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This report has been prepared for Parliament under sections 142(1) of the Social Security Administration Act 1992, as amended by the Social Security Contributions (Transfer of Functions, etc.) Act 1999, and sections 150(8), 150A(5) and 151A(6) of the Social Security Administration Act 1992. It considers the potential effect on the Fund of the draft Social Security Benefits Up-rating Order 2024.