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Pension increases

Your preserved pension will increase each year in line with the consumer prices index.

The previous years rise in inflation (from 30 September to 30 September) is used to calculate the rate of the increase applied to your pension.

Date of increaseIncrease %
April 2019 2.4
April 2018 3.0
April 2017 1.0
April 2016 No increase
April 2015 1.2
April 2014 2.7
April 2013 2.2
April 2012  5.2
April 2011 3.1
April 2010 No increase
April 2009 5.0
April 2008 3.9
April 2007 3.6
April 2006 2.7
April 2005 3.1
April 2004 2.8
April 2003 1.7
April 2002 1.7
April 2001 3.3
April 2000 1.1

Our Jargon Buster may help with pensions terminology.