Originally Posted by
Leon Jabachjabicz
Even more glad I "banked" my pension 2 months ago. My pension should grow by 5.2% this year and probably similar next year with only 9ish years to run to index linking again
Yes, I am feeling smug for once. However, I hope my illustration on commutation helps as well?
If you think you will be getting a 5.2% increase on your military pension think again. It was only the basic State old-age pension that got the full index link last year and it will probably be the same next year.
My SERPS element, my military pension and my CS pension all increased at a lower rate. I heard 3% might be nearer the mark.