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2018 Pension Increase?

08 Nov 2017, 17:04

Hi, is there any indication of the pay increase in our pension for 2018 yet?


2018 Pension Increase?

08 Nov 2017, 17:20

andyP wrote:Hi, is there any indication of the pay increase in our pension for 2018 yet?

No and I think that's why RM would prefer a one off payment and not an actual increase that is pensionable!

2018 Pension Increase?

08 Nov 2017, 18:51

andyP wrote:Hi, is there any indication of the pay increase in our pension for 2018 yet?

I assume you mean that you’re receiving your pension and you want to know how much it will increase from April 2018?

Inflation figures for September of the previous year are used to determine how much any increase will be.

If you’re in Section C it will increase by RPI and for Section A/B it will be CPI.

Google tells me that September 2017 figures were 3.9% for RPI and 3.0% for CPI.

2018 Pension Increase?

08 Nov 2017, 19:37

Many thanks.

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