§ Lord Stoddart of Swindon
asked Her Majesty's Government:
Whether all public service pensions and any others restricted by Treasury edict may be increased in line with percentage increases in the state retirement pension operative from 1 April 2001. [HL4656]
§ Lord McIntosh of Haringey
Legislation governing public service pensions requires public service pensions to be increased annually by the same percentage as state earnings related pensions (additional pensions). My noble friend Lady Hollis announced in a Statement on benefits uprating on 9 November 2000 (Official Report, col. 1689), that benefits such as additional pensions will be increased by 3.3 per cent, in line with the annual increase in the Retail Prices Index up to September 2000. Public service pensions will therefore be increased by 3.3 per cent from 9 April 2001, except those which have been in payment for less than a year, which will receive a pro-rata increase.