What is a Pension Increase?
LGPS pensions are increased each year to help protect their value against inflation.
✓ The increase is based on the Consumer Prices Index (CPI).
✓ New rates are reviewed and applied each April.
✓ The increase may be reduced in the first year depending on your pension start date.
Who is eligible to receive a Pension Increase?
You will normally receive a Pension Increase if you are:
- Age 55 or over.
- Retired on ill health grounds, regardless of age.
- Receiving a survivor's pension.
Why does the full increase not appear in my pension?
In the first year that you are eligible to receive a Pension Increase, you may not receive the full increase. This is because the increase is normally calculated on a proportional basis, depending on when your pension came into payment.
In addition, because the increase is applied during April, only part of the increase will be included in your April pension payment. Payments in subsequent months will include the full increase.
How much have pensions increased in recent years?
| Year | Effective Date | Increase |
|---|---|---|
| 2026 | 06/04/2026 | 3.8% |
| 2025 | 07/04/2025 | 1.7% |
| 2024 | 08/04/2024 | 6.7% |
| 2023 | 10/04/2023 | 10.1% |
| 2022 | 11/04/2022 | 3.1% |
| 2021 | 12/04/2021 | 0.5% |
| 2020 | 06/04/2020 | 1.7% |
| 2019 | 08/04/2019 | 2.4% |
| 2018 | 09/04/2018 | 3.0% |
| 2017 | 10/04/2017 | 1.0% |
| 2016 | 06/04/2016 | 0.0% |
| 2015 | 06/04/2015 | 1.2% |
| 2014 | 07/04/2014 | 2.7% |
| 2013 | 08/04/2013 | 2.2% |
| 2012 | 09/04/2012 | 5.2% |
| 2011 | 11/04/2011 | 3.1% |
| 2010 | 05/04/2010 | 0.0% |
| 2009 | 06/04/2009 | 5.0% |
| 2008 | 07/04/2008 | 3.9% |
| 2007 | 09/04/2007 | 3.6% |