Accruals of guaranteed minimum pensions ended on 6th April 1997 by virtue of section 14(8) of  the 1993 Act. Revaluation of earnings factors is still required for guaranteed minimum pensions  which are not yet in payment.  Article 3 of this Order provides for rounding fractional amounts for earnings factors relevant to the  calculation of the additional pension in the rate of any long-term benefit. By virtue of section  23(2) of the Contributions and Benefits Act, rounding is not required for the purpose of  calculating guaranteed minimum pensions.  A full impact assessment has not been produced for this instrument as no, or no significant, impact  on the private, voluntary or public sector is foreseen.  © Crown copyright 2020  Printed and published in the UK by The Stationery Office Limited under the authority and superintendence of Jeff James,  Controller of Her Majesty’s Stationery Office and Queen’s Printer of Acts of Parliament.  £4.90  UK202002271011 03/2020 19585  http://www.legislation.gov.uk/id/uksi/2020/193  ISBN 978-0-11-119347-1