#2026/254Kamu Hizmetleri Emeklilik Yeniden Değerleme Emri 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 2026 updates how pension schemes for public service workers adjust the value of pensionable earnings based on changes in prices or earnings over time. This law affects public sector employees who are part of these pension schemes, ensuring their pensions keep pace with economic changes.
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Key Changes
- Pensionable earnings will be revalued based on economic changes.
- The revaluation process is mandated for public service pension schemes.
- Ensures that pensions reflect changes in prices or earnings.
Obligations
What this law requires
Pension scheme administrators must revalue pensionable earnings (or a proportion thereof) in accordance with Section 9 of the Public Service Pensions Act 2013
Revaluation of pensionable earnings must be calculated by reference to changes in prices, earnings, or both during the specified period
Pension schemes must apply revaluation adjustments to accrued pension benefits for eligible public service employees