Citation and commencement
1. This Order may be cited as the Public Service Pensions Revaluation Order (Northern Ireland) 2018 and comes into operation on 1st April 2018.
Revaluation by reference to change in prices or earnings
2. For the purposes of section 9(2) of the Public Service Pensions Act (Northern Ireland) 2014 (revaluation), in relation to the period beginning on 1st April 2017 and ending on 31st March 2018—
(a)the change in prices is an increase of 3 per cent; and
(b)the change in earnings is an increase of 3 per cent.
Sealed with the Official Seal of the Department of Finance on 22nd March 2018.
(L.S.)
Grace Nesbitt
A senior officer of the
Department of Finance