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Taxation, work and welfare
Pensions increase
Legislative background
Public service pensions are increased under the provisions of the Pensions (Increase) Act 1971 and Section 59 of the Social Security Pensions Act 1975. The latter provides for public service pensions to be up-rated at the same time and by the same percentage as the increase in the additional pension provided under the State Earnings Related Pension Scheme (SERPs), which is based on the September-to-September increase in prices. This will be based on the CPI measure from the April 2011. The underlying purpose of this legislation is to maintain the purchasing power of state retirement and public service pensions.
Pensions increase 2011
Public service pensions which have been in payment for a year will be increased by 3.1 per cent from 11 April 2011 in line with the Septembe-to-September increase in prices. Any pension which has been in payment for less than a year will be increased by a proportionate amount depending upon the number of months it has been in payment.
Further information
Links to the 2011 multiplier tables (Ms Excel) and the covering note are now provided below.
Pensions Increase (Review) Orders back to 1987 can be found by using the search engine on the HMSO website (links in the archive section below).
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