Statutory Instruments
2019 No. 455
Public Service Pensions
The Public Service Pensions Revaluation Order 2019
Made
5th March 2019
Laid before the House of Commons
7th March 2019
Coming into force
1st April 2019
The Treasury make the following Order in exercise of the powers conferred by section 9(2) and (3) of the Public Service Pensions Act 2013( 1 ):
Citation and commencement
1. This Order may be cited as the Public Service Pensions Revaluation Order 2019 and comes into force on 1st April 2019.
Revaluation by reference to change in prices or earnings
2. For the purposes of section 9(2) of the Public Service Pensions Act 2013 (revaluation), in relation to the period beginning on 1st April 2018 and ending on 31st March 2019β
(a) the change in prices is an increase of 2.4 per cent; and
(b) the change in earnings is an increase of 2.8 per cent.
Rebecca Harris
Mike Freer
Two of the Lords Commissioners of Her Majestyβs Treasury
5th March 2019