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Public Service Pensions

Volume 455: debated on Monday 8 January 2007

Legislation governing public service pensions requires public service pensions to be increased annually by the same percentage as additional pensions (State Earnings Related Pension and State Second Pension). The Minister of State for Pensions Reform announced on 7 December 2006, Official Report, column 451, that benefits such as additional pensions will be increased by 3.6 per cent. in line with the annual increase in the Retail Prices Index up to September 2006. Public service pensions will therefore be increased by 3.6 per cent. from 9 April 2007, except those which have been in payment for less than a year, which will receive a pro-rata increase.