A history of Fixed Rate revaluation is below;
Date of leaving | Revaluation |
After 06/04/2017 | 3.50% |
06/04/2012 – 05/04/2017 | 4.75% |
06/04/2007 – 05/04/2012 | 4.00% |
06/04/2002 – 05/04/2007 | 4.50% |
06/04/1997 – 05/04/2002 | 6.25% |
06/04/1993 – 05/04/1997 | 7.00% |
06/04/1988 – 05/04/1993 | 7.50% |
Before 06/04/1988 | 8.50% |
For further information;
www.gov.uk/guidance/how-to-calculate-your-scheme-members-guaranteed-minimum-pension