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Percentage uplift for best three years

Discussion in 'Retirement' started by littlevanner, Dec 10, 2019.

  1. littlevanner

    littlevanner New commenter

    Me again !
    Could anyone tell me what the likely percentage uplift will be when calculating the last three years salary including the current one ?
    ie
    2017/18
    2018/19
    2019/20
    From what I can gather the interest rates have been very low for the last three years.
    Thanks in advance !
     
  2. diddydave

    diddydave Established commenter

    It is the CPI inflation amounts but compounded...as we have not finished 2019/20 there will be no figure available for that yet. The tables are published in February for use from April.
    The latest tables are here, but they show the uplift applied in April 2019.
    https://assets.publishing.service.g...Pensions_Increase_Multiplier_Tables_2019.xlsx

    From this page: https://www.gov.uk/government/publications/public-service-pensions-increase-2019

    Although it refers to pensions there ARE the same tables as used to revalue the salaries.
     

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