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Increases for C and N Plan retirees 2010

The increase on pension earned before 6 April 1997 is 60% of RPI in January 2010, which was recorded as 3.7%. As a result, your pre 1997 pension will receive an increase of 2.2%.

Increases on any pension earned after 5 April 1997 are based on the recorded RPI figure in September each year.  In September 2009, RPI was negative for the seventh month in succession and was recorded at -1.4%.  The amount of any post April 1997 pension will not be adversely affected by the negative inflation figure and will remain unchanged during the 2010/11 fiscal year.

Pension earned on service Before 6/4/97 Between 6/4/97 and 5/4/05 After 6/4/05
Type of increase 60% of RPI capped at 4% LPI increases capped at 5% LPI increases capped at 2.5%
Increase based on RPI in January 10 September 09 September 09
Recorded RPI 3.7% -1.4% -1.4%
Amount of increase 2.2% 0.0% 0.0%

Last Updated: 09/03/2010