Statutory Instruments
2022 No. 215
Public Service Pensions
The Public Service Pensions Revaluation Order 2022
Made
2nd March 2022
Laid before the House of Commons
7th March 2022
Coming into force
1st April 2022
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 2022 and comes into force on 1st April 2022.
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 2021 and ending on 31st March 2022β
(a) the change in prices is an increase of 3.1 per cent; and
(b) the change in earnings is an increase of 4.1 per cent.
Rebecca Harris
Alan Mak
Two of the Lords Commissioners of Her Majestyβs Treasury
2nd March 2022