Public Service Pensions Uprating

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Tuesday 7th February 2012

(12 years, 9 months ago)

Written Statements
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Danny Alexander Portrait The Chief Secretary to the Treasury (Danny Alexander)
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Legislation governing public service pensions requires them to be increased annually by the same percentage as additional pensions (state earnings related pension and state second pension). Public service pensions will therefore be increased from 9 April 2012 by 5.2%, in line with the annual increase in the consumer prices index up to September 2011, except for those public service pensions which have been in payment for less than a year, which will receive a pro-rata increase.