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Revaluation: Change from CPI to RPI
The 2010 Revaluation Order has been published. In line with the Government’s decision to switch the index used to calculate pension increases from the Retail Prices Index (RPI) to the Consumer Prices Index (CPI) from April 2011, the Order uses CPI figures for increases made on or after 1 January 2011. It will apply to schemes which use the statutory method for making increases.
Author: Georgina Beechinor