CARE Revaluation Order 2021
Date published:
CARE Revaluation Order 2021
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 from 1 April 2021. Active member benefits are reviewed each year in line with annual changes in prices or earnings. The Order is used by schemes to revalue active member benefits according to the process set out in their scheme regulations.