Law

The Public Service Pensions Revaluation Order 2024

United Kingdom · regulation

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In force since 2024-04-01, as the publisher states.

Copy read on 2026-11-10. The page it was read from

Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

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Contents: 3 provisions
  1. Title and introductory text
  2. 1 Citation, commencement, extent and effect
  3. 2 Revaluation by reference to change in prices or earnings

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3 provisions

Title and introductory text

2024 No. 290 PUBLIC SERVICE PENSIONS The Public Service Pensions Revaluation Order 2024 Made 4th March 2024 Laid before the House of Commons 5th March 2024 Coming into force 1st April 2024 The Treasury make the following Order in exercise of the powers conferred by section 9(2) and (3) of the Public Service Pensions Act 2013.

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1 Citation, commencement, extent and effect

(1) This Order may be cited as the Public Service Pensions Revaluation Order 2024 and comes into force on 1st April 2024. (2) This Order extends to England and Wales, Scotland and Northern Ireland. (3) Subject to paragraph 4, this Order has effect from the beginning of 1st April 2024. (4) This Order has effect from the beginning of 6th April 2024 in respect of schemes established by— (a) The Local Government Pension Scheme Regulations 2013; (b) The Local Government Pension Scheme (Scotland) Regulations 2018; (c) The National Health Service Pension Scheme Regulations 2015; (d) The National Health Service Pension Scheme (Scotland) Regulations 2015.

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2 Revaluation by reference to change in prices or earnings

For the purposes of section 9(2) of the Public Service Pensions Act 2013 (revaluation), in relation to the period beginning with 1st April 2023 and ending with 31st March 2024— (a) the change in prices is an increase of 6.7 per cent; (b) the change in earnings is an increase of 7.7 per cent.

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