Policy paper

Public service pensions increase: 2022

Covering note and multiplier tables for public service pensions in 2022.

• From: HM Treasury
• Published: 20 January 2022

This was published under the 2019 to 2022 Johnson Conservative government

Documents

Note by HM Treasury 2022 pensions increase multiplier tables

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Note by HM Treasury 2022 pensions increase multiplier tables

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2022 pensions increase multiplier tables

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Details

The multiplier tables are produced to help scheme administrators correctly apply the annual increase to public service pensions, taking into account increases from previous years.

Public service pensions which have been in payment for a year will be increased by 3.1% from 11 April 2022 in line with the September-to-September increase in the Consumer Price Index (CPI). Any pension which has been in payment for less than a year will be increased by a proportionate amount depending on the number of months it has been in payment.

Published 20 January 2022