Policy paper
Public service pensions increase: 2023
Covering note and multiplier tables for public service pensions in 2023.
This was published under the 2022 to 2024 Sunak Conservative government
Documents
MS Word Document, 33.4 KB
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MS Excel Spreadsheet, 138 KB
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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 10.1% from 10 April 2023 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.
Updates to this page
Published 20 February 2023