Annual Pension Increases
F3sRBest
Pensions already in payment are increased wef each new financial year beginning in April by the (now) CPI rate (was RPI) of the previous September. Thankfully the Government is not yet reducing pensions if the CPI is negative !
This will mean an increase of 3.1% (vs 4.6%) in April 2011 for those already in receipt of a pension.