Department for Work and Pensions - Revaluation of earnings factors order 2008
Final figures for the 2008 order are set out below:
| Tax Year | Percentage |
|---|---|
| 1978-79 | 654.2 |
| 1979-80 | 565.7 |
| 1980-81 | 456.1 |
| 1981-82 | 365.7 |
| 1982-83 | 323.0 |
| 1983-84 | 292.8 |
| 1984-85 | 263.7 |
| 1985-86 | 241.2 |
| 1986-87 | 213.3 |
| 1987-88 | 191.7 |
| 1988-89 | 168.4 |
| 1989-90 | 142.2 |
| 1990-91 | 125.7 |
| 1991-92 | 105.0 |
| 1992-93 | 92.5 |
| 1993-94 | 83.3 |
| 1994-95 | 77.8 |
| 1995-96 | 70.3 |
| 1996-97 | 65.7 |
| 1997-98 | 57.8 |
| 1998-99 | 50.9 |
| 1999-2000 | 44.8 |
| 2000-2001 | 36.2 |
| 2001-2002 | 31.0 |
| 2002-2003 | 25.6 |
| 2003-2004 | 21.2 |
| 2004-2005 | 16.8 |
| 2005-2006 | 12.2 |
| 2006-2007 | 8.5 |
| 2007-2008 | 4.2 |
The earnings factor revaluation percentages above were published in Statutory Instrument No 2008/730 (The Social Security Revaluation of Earnings Factors Order 2008) on 18 March 2008. The Order comes into force on 6 April 2008. Copies of the Order are available from the Stationery Office.
Note: These are not provisional figures.
The period used for calculating the earnings factors is September to September.
Policy contact: Angela Egbedi
E-mail address: angela.egbedi@dwp.gsi.gov.uk