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
Danny Alexander Excerpts
Tuesday 10th February 2015
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(9 years, 10 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 6 April 2015 by 1.2%, in line with the annual increase in the consumer prices index up to September 2014, except for those public service pensions which have been in payment for less than a year, which will receive a pro-rata increase.
[HCWS271]