Danny Alexander
Main Page: Danny Alexander (Liberal Democrat - Inverness, Nairn, Badenoch and Strathspey)Department Debates - View all Danny Alexander's debates with the HM Treasury
Public Service Pensions Uprating 2014
Danny Alexander Excerpts
Tuesday 4th February 2014
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(10 years, 9 months ago)
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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 7 April 2014 by 2.7%, in line with the annual increase in the consumer prices index up to September 2013, except for those public service pensions which have been in payment for less than a year, which will receive a pro rata increase.