#2026/46Kamu Hizmetleri Emeklilik Yeniden Değerleme Emri (Kuzey İrlanda) 2026
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
The Public Service Pensions Revaluation Order (Northern Ireland) 2026 updates how pension schemes adjust the value of pensionable earnings based on changes in prices or earnings over time. This law affects public service employees who are part of pension schemes that require these adjustments. It ensures that their pensions keep pace with economic changes.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Updates the method of revaluing pensionable earnings.
- Links pension adjustments to changes in prices or earnings.
- Applies specifically to public service pension schemes.
Obligations
What this law requires
Pension schemes must revalue pensionable earnings (or a proportion thereof) accrued as a pension by reference to changes in prices or earnings as specified in Section 9 of the Public Service Pensions Act (Northern Ireland) 2014
Pension schemes must apply revaluation adjustments based on a given period as determined by the revaluation methodology under Section 9 of the Public Service Pensions Act (Northern Ireland) 2014