Ogden tables updated to include multipliers at -1.75% for Northern Ireland claims

This afternoon the Government Actuary’s Department released an amended version of the Ogden tables which now includes the new discount rate of -1.75 for Northern Ireland. The relevant webpage of the GAD’s site explains that “Under the Damages (Personal Injury) Order (Northern Ireland) 2021, made under section 1 of the Damages Act 1996, the prescribed discount rate to be taken into account by the courts in Northern Ireland when assessing lump sum damages awards for personal injury was lowered from 2.5% to -1.75% with effect from 31 May 2021. As the tables of multipliers in the original 8th edition of the Ogden Tables are not tabulated at a discount rate of -1.75% updated tables have been issued. The text of the Explanatory notes has been updated and a number of other minor typographical amendments have also been made.”


Alistair Kinley, Director of Policy & Government Affairs, BLM
alistair.kinley@blmlaw.com

Leave a Reply