Introductory text

Draft Order laid before Parliament under section 109(2) of the Pension Schemes Act 1993 for approval by resolution of each House of Parliament.

PENSIONS

Made ***

Coming into force 6th April 2026

The Secretary of State makes this Order in exercise of the power conferred by section 109(4) of the Pension Schemes Act 1993^f1.

In accordance with section 109(1) of that Act, the Secretary of State has reviewed the general level of prices in Great Britain for the period of 12 months commencing on 1st October 2024 and it appears to the Secretary of State that the general level of prices was greater by 3.8 per cent. at the end of that period than it was at the beginning of that period.

In accordance with section 109(2) of that Act^f2, a draft of this Order has been laid before and approved by a resolution of each House of Parliament.