Increases to your pension

A view of Worcester from Kempsey Common

Increases to your pension

LGPS pensions are eligible for an inflation increase each April.

  • The pension increase for 2024 will be based on 6.7%
  • The pension increase for 2023 will be based on 10.1%.
  • The pension increase for 2022 was based on 3.1%.
  • The pension increase for 2021 was based on 0.5%.
  • The pension increase for 2020 was based on 1.7%.
  • The pension increase for 2019 was based on 2.4%.
  • The pension increase for 2018 was based on 3.0%.
  • The pension increase for 2017 was based on 1.0%

There was no increase to pensions in April 2016, as the Consumer Prices Index for the 12 months to September 2015 fell by 0.1%. LGPS pensions did not go down from April 2016 despite the UK being in deflation.

The previous few years' increases were based on:

  • 1.2% in 2015
  • 2.7% in 2014
  • 2.2% in 2013
  • 5.2% in 2012
  • 3.1% in 2011
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