Your pension benefits are increased annually in line with the increase in the Consumer Prices Index (CPI), which is updated in September each year. The increase applies to you if you are:
- a deferred member
- in receipt of your pension
- one of the dependents of the above
You are not entitled to a pensions increase if you are under 55, unless you are retired on grounds of ill-health.
The pensions increase is effective from the first Monday following 6th April.
Please visit the LGPS National Member website for more information on Pensions Increase
The April 2024 pensions increase figure has been confirmed as 6.7%