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Statutory Instruments

2016 No. 438

Public Service Pensions

The Public Service Pensions Revaluation (Prices) Order 2016

Made

24th March 2016

Coming into force

1st April 2016

Pursuant to section 9(5)(a) of the Public Service Pensions Act 2013( 1 ), a draft of this Order has been laid before, and approved by resolution of, the House of Commons.

The Treasury make the following Order in exercise of the powers conferred on them by section 9(2) and (3) of that Act:

Citation and commencement

1. This Order may be cited as the Public Service Pensions Revaluation (Prices) Order 2016 and comes into force on 1st April 2016.

Revaluation by reference to change in prices

2. For the purposes of section 9(2) of the Public Service Pensions Act 2013 (revaluation), the change in prices specified in relation to the period beginning on 1st April 2015 and ending on 31st March 2016 is a decrease of 0.1 per cent.

Mel Stride

Charlie Elphicke

Two of the Lords Commissioners of Her Majesty’s Treasury

24th March 2016

( 1 )

2013 c.25 . See section 38(4) for the definition of “affirmative Commons procedure”.

Status: This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
The Public Service Pensions Revaluation (Prices) Order 2016 (2016/438)

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