Public Service Pensions (Up-Rating 2013)

(Limited Text - Ministerial Extracts only)

Tuesday 5th February 2013 Written Statements

[The Chief Secretary to the Treasury (Danny Alexander)]

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 8 April 2013 by 2.2%, in line with the annual increase in the consumer prices index up to September 2012, except for those public service pensions which have been in payment for less than a year, which will receive a pro-rata increase.