Article 2 The higher and lower revaluation percentages for each revaluation period
For the purposes of paragraph 1 (the final salary method) of Schedule 3 (methods of revaluing accrued pension benefits) to the Pension Schemes Act 1993, for each revaluation period specified in an entry in column 1 of the table below—
(a)
the higher revaluation percentage is the percentage specified in the corresponding entry in column 2 of that table, and
(b)
the lower revaluation percentage, if any, is the percentage specified in the corresponding entry in column 3 of that table.
Column 1 Revaluation period | Column 2 Higher revaluation percentage | Column 3 Lower revaluation percentage |
|---|---|---|
| 1st January 1986 – 31st December 2018 | 177.0% | - |
| 1st January 1987 – 31st December 2018 | 168.7% | - |
| 1st January 1988 – 31st December 2018 | 157.8% | - |
| 1st January 1989 – 31st December 2018 | 143.9% | - |
| 1st January 1990 – 31st December 2018 | 126.7% | - |
| 1st January 1991 – 31st December 2018 | 104.4% | - |
| 1st January 1992 – 31st December 2018 | 96.4% | - |
| 1st January 1993 – 31st December 2018 | 89.6% | - |
| 1st January 1994 – 31st December 2018 | 86.2% | - |
| 1st January 1995 – 31st December 2018 | 82.2% | - |
| 1st January 1996 – 31st December 2018 | 75.4% | - |
| 1st January 1997 – 31st December 2018 | 71.8% | - |
| 1st January 1998 – 31st December 2018 | 65.8% | - |
| 1st January 1999 – 31st December 2018 | 60.6% | - |
| 1st January 2000 – 31st December 2018 | 58.9% | - |
| 1st January 2001 – 31st December 2018 | 53.8% | - |
| 1st January 2002 – 31st December 2018 | 51.2% | - |
| 1st January 2003 – 31st December 2018 | 48.7% | - |
| 1st January 2004 – 31st December 2018 | 44.7% | - |
| 1st January 2005 – 31st December 2018 | 40.3% | - |
| 1st January 2006 – 31st December 2018 | 36.6% | - |
| 1st January 2007 – 31st December 2018 | 31.9% | - |
| 1st January 2008 – 31st December 2018 | 26.9% | - |
| 1st January 2009 – 31st December 2018 | 20.9% | 20.9% |
| 1st January 2010 – 31st December 2018 | 22.6% | 22.6% |
| 1st January 2011 – 31st December 2018 | 18.9% | 18.9% |
| 1st January 2012 – 31st December 2018 | 13.0% | 13.0% |
| 1st January 2013 – 31st December 2018 | 10.6% | 10.6% |
| 1st January 2014 – 31st December 2018 | 7.7% | 7.7% |
| 1st January 2015 – 31st December 2018 | 6.4% | 6.4% |
| 1st January 2016 – 31st December 2018 | 6.5% | 6.5% |
| 1st January 2017 – 31st December 2018 | 5.5% | 5.1% |
| 1st January 2018 – 31st December 2018 | 2.4% | 2.4% |