The Public Service Pensions Revaluation Order (Northern Ireland) 2026
Date published:
The Department of Finance has made an Order to provide for the revaluation of Career Average Revalued Earnings (CARE) benefits in public service pension schemes.
The Department of Finance has made an Order to provide for the revaluation of Career Average Revalued Earnings (CARE) benefits in public service pension schemes.
The Order is used by schemes to revalue active member benefits according to the process set out in their scheme regulations. Active member benefits are reviewed each year with reference to the annual changes in prices or earnings. For 2026 the annual change in prices (CPI) is 3.8% and for earnings the figure is 4.8%. The revaluation has effect from 1 April 2026, or from 6 April 2026 for schemes made under the Local Government Pension Scheme Regulations (Northern Ireland) 2014 and the Health and Social Care Pension Scheme Regulations (Northern Ireland) 2015 .