How is my pension increased?  

Each year your pension is revalued in line with the cost of living as measured by the Consumer Price Index (CPI) in the previous September.  
The rate of pension increase for April 2022 is 3.1%. If you’ve retired within the last 12 months, you’ll receive a part increase.  

You’ll only receive an increase each April if you:  

  • are aged 55 or over, or  
  • retired on ill health grounds, or  
  • are receiving a widow's, widowers, surviving partner’s or child's pension.  

Your first pension increase is paid after your 55th birthday. Your pension will be increased to the level it would have been had it been increased each year.  

How your Pension Increase is applied 

How your Pension Increase is applied 

  • Pension increase at State Pension Age
  • Members with State Pension Age before 6 April 2016
  • Members with State Pension Age on or after 6 April 2016 and before 6 April 2021 
  • Members with State Pension Age on or after 6 April 2021 

Pension increase at State Pension Age

If your pension includes Local Government Pension Scheme membership between 6 April 1978 and 5 April 1997, your pension will include an element known as a Contracted-out Pension Equivalent (COPE), previously known as Guaranteed Minimum Pension (GMP). 

Members with State Pension Age before 6 April 2016

If your pension includes COPE/GMP earned up to 5 April 1988 then the increase on this part of your pension will be paid with your State Pension. If your pension includes a COPE/GMP element earned on or after 5 April 1988, this will be paid by the Fund. 

Members with State Pension Age on or after 6 April 2016 and before 6 April 2021 

Following the recent Government consultation on who will pay the increases on COPE/GMP payments, it has been announced that if your pension includes COPE/GMP payable on or after 6 April 2016 and before 6 April 2021, the increase will be paid by the Fund and includes any pre-1988 COPE/GMP 

Members with State Pension Age on or after 6 April 2021 

Following the UK Government consultation, it has been announced that a decision is still to be made regarding members who have a State Pension Age on or after 6 April 2021. In the meantime, the Fund will pay any increases on your COPE/GMP, including any pre-1988 COPE/GMP. We’ll let you know via our website when the decision has been made.

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