§ Mr. Ian StewartTo ask the Chancellor of the Exchequer what plans he has to increase public service pensions from April 2001. [140429]
§ Mr. Andrew SmithLegislation governing public service pensions requires public service pensions to be increased annually by the same percentage as state earnings related pensions (additional pensions). My right hon. Friend the Secretary of State for Social Security announced on 9 November 2000,Official Report, column 451, 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.