# The Public Service Pensions Revaluation (Prices) Order (Northern Ireland) 2017, Note: Explanatory note


(This note is not part of the Order)
Section 9 of the Public Service Pensions Act (Northern Ireland) 2014 applies to public service pension schemes established under that Act which require a revaluation of pensionable earnings, or a portion of such earnings accrued as a pension, by reference to a change in prices, earnings or both.
Article 2 of this Order specifies an increase in prices of 1.0 per cent in relation to the period of 1st April 2016 to 31st March 2017 inclusive. This figure is based on the year on year change in the Consumer Prices Index figure to September 2016.
An impact assessment has not been produced for this Order as no significant impact on the cost of business or the voluntary sector is foreseen.

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Source: https://www.legislation.gov.uk/nisr/2017/29/note (the official version)
Page: https://openlegislation.uk/public-service-pensions-revaluation-prices-order-northern-ireland-2017/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.