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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 2022 and ending on 31st March 2023—

(a)the change in prices is an increase of 10.1 per cent; and

(b)the change in earnings is an increase of 7 per cent.