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 12th April 2010 the increase is 3.1%.
For pensions which began on or after 12th April 2010 the increases are as follows:—
| Pensions Beginning | Percentage Increase | Pensions Beginning | Percentage Increase |
|---|---|---|---|
12th April 2010 to 26th April 2010 | 3.1% | 27th October 2010 to 26th November 2010 | 1.29% |
27th April 2010 to 26th May 2010 | 2.84% | 27th November 2010 to 26th December 2010 | 1.03% |
27th May 2010 to 26th June 2010 | 2.58% | 27th December 2010 to 26th January 2010 | 0.78% |
27th June 2010 to 26th July 2010 | 2.33% | 27th January 2010 to 26th February 2010 | 0.52% |
27th July 2010 to 26th August 2010 | 2.07% | 27th February 2010 to 26th March 2010 | 0.26% |
27th August 2010 to 26th September 2010 | 1.81% | ||
27th September 2010 to 26th October 2010 | 1.55% | ||
27th October 2010 to 26th November 2010 | 1.29% | ||
27th November 2010 26th December 2010 | 1.03% |
The Order provides for increases on certain deferred lump sums which became payable on or after 12th April 2010 and before 11th April 2011.
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.