Changes to the revaluation of deferred pensions
29-Jan-2009 | Employment & Pensions
What is the proposed change?
Subject to certain provisions that apply to any member who left pensionable service before 1 January 1991, the current statutory minimum rate of revaluation is the lesser of (i) the increase in the retail prices index (RPI) over (broadly) the period described above and (ii) 5 per cent compound per annum.
Lawyers Mark Smith
