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Mr. Ian Stewart: To ask the Chancellor of the Exchequer what plans he has to increase public service pensions from April 2001.[140429]Mr. Andrew Smith: Legislation governing public service pensions requires public service pensions to be increased annually by thesame percentage as state earnings related pensions (additional pensions). My right hon. Friend the Secretary of State for SocialSecurity announced on 9 November 2000, Official Report, column 451, that benefits such as additional pensions will be increased by3.3 per cent, in line with the annual increase in the Retail Prices Index up to September 2000. Public service pensions willtherefore be increased by 3.3 per cent. from 9 April 2001, except those which have been in payment for less than a year, which willreceive a pro-rata increase. |