Policy paper

Public service pensions increase: 2014

Covering note and multiplier tables for public service pensions in 2014.

Documents

Pensions increase 2014 covering note

Pensions increase 2014 multiplier tables

Details

The multiplier tables are produced to help scheme administrators correctly apply the annual increase to public service pensions, taking into account increases from previous years.

Public service pensions which have been in payment for a year will be increased by 2.7% from 7 April 2014 in line with the September-to-September increase in the Consumer Prices Index (CPI). 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.

Read the Pensions Increase (Review) Order 2014 for further details.

Published 4 February 2014
Last updated 14 April 2014 + show all updates
  1. Link to Pensions Increase (Review) Order 2014 added
  2. removed policy tag, corrected URL in covering note
  3. First published.