How does my pension increase? (DB Schemes)


  • Members

Defined Benefit members

Growth Plan benefits increase on 6th October each year. For most other schemes they increase on 6th April each year. The increases depend on which scheme you are in and the years you accrued your benefits.

If you have any GMP, increases for this part of your pension will also apply on 6th April each year. Increases can include fixed increases and those based on the retail or consumer price index.