Pension Increases

Tuesday 22 December 2015

The rules of the Scheme provide for all pensions to increase from 1 April each year in line with the increase in the Retail Price Index (RPI) in the 12 months ended on the preceding 30 September. The increase payable from 1 April 2016 is 0.8%. A proportionate increase will be paid to those who have not been retired for a complete year at 1st April 2016.