Changes to pension increase calculations
Following the announcement by the Government in 2010 that increases to public sector pensions would be made in line with Consumer Price Index (CPI) rather than the Retail Price Index (RPI) from 2011, some changes have been made to reflect the move to CPI as the basis for some occupational pensions both in deferment and in payment.
If you are a retiree already in receipt of your pension, click here for details of how your IBM pension may be affected. You will receive more information about this along with details of any pension increase before 6 April 2011.
If you have a deferred pension with IBM, click here for details of how your IBM pension may be affected.
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Last Updated: 18/03/2011
