Your pension is adjusted annually in line with Pension Increase Orders, which is based on the increase in the Consumer Prices Index over the 12 month period to September 2023.
This means that there’s an increase of 6.7% applied to your deferred pension, from Monday 8 April 2024.
However, if you have final salary benefits and you left contributing membership after 22 April 2023, your final salary benefits won’t receive the full increase, and will instead, be pro-rated.