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 7th February 2012
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(12 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 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.