Tuesday 10th February 2015

(9 years, 3 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 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]