Explanatory note
(This note is not part of the Order.)
This Order provides for increases in the rates of public service pensions.
The increase to be made in the rates of such pensions is the percentage (or in some circumstances a fraction of the percentage) by which the Department for Social Development has increased the sums which are the additional pensions in long-term benefits, namely the additional pension entitlements accruing to employees in respect of their earnings after 5th April 1978.
For pensions which began before 7th April 2008 the increase is 5.0%.
For pensions which began on or after 7th April 2008 the increases are as follows:—
| Pensions Beginning | Percentage Increase | Pensions Beginning | Percentage Increase |
|---|---|---|---|
| 7th April 2008 to 21st April 2008 | 5.00% | 22nd November 2008 to 21st December 2008 | 1.67% |
| 22nd April 2008 to 21st May 2008 | 4.58% | 22nd December 2008 to 21st January 2009 | 1.25% |
| 22nd May 2008 to 21st June 2008 | 4.17% | 22nd January 2009 to 21st February 2009 | 0.83% |
| 22nd June 2008 to 21st July 2008 | 3.75% | 22st February 2009 to 21st March 2009 | 0.42% |
| 22nd July 2008 to 21st August 2008 | 3.33% | 22nd March 2009 onwards | Nil |
| 22nd August 2008 to 21st September 2008 | 2.92% | ||
| 22nd September 2008 to 21st October 2008 | 2.50% | ||
| 22nd October 2008 to 21st November 2008 | 2.08% |
The Order provides for increases on certain deferred lump sums which became payable on or after 7th April 2008 and before 6th April 2009.
The Order also makes provision for the amount by reference to which any increase in the rate of an official pension is to be calculated to be reduced by an amount equal to the rate of the guaranteed minimum pension entitlement deriving from the employment which gives rise to the official pension.