Statutory Instruments
2020 No. 230
Public Service Pensions
The Public Service Pensions Revaluation Order 2020
Made
4th March 2020
Laid before the House of Commons
9th March 2020
Coming into force
1st April 2020
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 2020 and comes into force on 1st April 2020.
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 2019 and ending on 31st March 2020β
(a) the change in prices is an increase of 1.7 per cent; and
(b) the change in earnings is an increase of 4 per cent.
Iain Stewart
Maggie Throup
Two of the Lords Commissioners of Her Majestyβs Treasury
4th March 2020