The Department for Work and Pensions has made the State Pension Debits and Credits (Revaluation) Order 2025 (SI 2025/1220). The order updates the price‑protection factors applied to state scheme pension debits and credits arising from pension sharing. It was made on 25 November 2025, laid before Parliament on 27 November 2025, and signed on behalf of the Secretary of State by Parliamentary Under Secretary of State Torsten Bell.
Commencement is staged. For advance awards under regulation 15(1) of the Social Security (Claims and Payments) Regulations 1987, the order applies from 22 December 2025 to claimants who reach pensionable age on or after 7 April 2026. For all other purposes it comes into force on 6 April 2026. The extent is England, Wales and Scotland.
The measure is specific to pension sharing on divorce or dissolution within the new State Pension system. It covers transferees entitled to a state scheme pension credit under section 13 of the Pensions Act 2014 and sharers whose section 4 pension is reduced by a state scheme pension debit under section 14. The relevant ‘appropriate weekly rate’ and ‘appropriate weekly reduction’ are provided by Schedules 8 and 10 to that Act.
Article 2 directs that earlier debits and credits are revalued by percentages set out in the Schedule, so that they keep pace with the general level of prices. The factors are 39.2% (2016–17), 37.8% (2017–18), 33.8% (2018–19), 30.7% (2019–20), 28.5% (2020–21), 27.9% (2021–22), 24.0% (2022–23), 12.6% (2023–24), 5.6% (2024–25) and 3.8% (2025–26).
Under paragraph 3 of each of Schedules 8 and 10, the percentage that applies in any individual case is the one specified by the last revaluation order made under section 148AD of the Social Security Administration Act 1992 that is in force before the person reaches pensionable age. The explanatory note states that this 2025 order will apply to people reaching pensionable age on or after 7 April 2026.
As a worked example, a person with a notional weekly state scheme pension credit of £50 linked to the 2019–20 tax year would see that figure increased by 30.7% to £65.35 when this order applies. The same approach is used to scale the weekly reduction where a state scheme pension debit applies.
This order concerns pension sharing amounts only. It does not change the headline weekly rate of the new State Pension; those rates are determined elsewhere in legislation and uprated separately.
The order extends to Great Britain. Northern Ireland makes equivalent provision through its own rule made by the Department for Communities; recent years show similar methodology but separate commencement and percentage factors, so cross‑jurisdiction cases should check the Northern Ireland instrument.
The Department has not produced a full impact assessment, stating there is no, or no significant, impact on the private, voluntary or public sectors. This mirrors previous revaluation orders under the same statutory power.
For practitioners, the immediate actions are to note the key dates and to record which revaluation order will apply to each client. For those reaching pensionable age on or after 7 April 2026, use the factors in the 2025 order to adjust the appropriate weekly rate or reduction before applying any further uprating under the Pensions Act 2014.