The annual inflationary increase to pensions in payment from 12 April 2021, has been set at 0.5%. The increase is measured by the September to September adjustment in the Consumer Price Index (CPI) and is applied to your pension from the following April.
2 April 2021 for pensioner/deferred and 01 April for in-service revaluations are as below:
|Scheme||Pensioner||Deferred||In-service (active member)|
*Please note that increases are applied providing you are at least age 55 or you retired on ill health.