North Yorkshire Pension Fund

Increasing Your Pension

Pensions Increase is 1.7% this year from 6 April 2020

How is the increase calculated?

The Pensions Increase (Review) Order, which is issued each year by central government, tells all public sector pension schemes (of which the Local Government Pension Scheme is one) of the increase that should be applied to pension benefits. The annual increase reflects the rise in the cost of living and is in line with the Consumer Price Index (CPI) measure of price inflation recorded in the previous September.

Who is eligible for the increase?

When will we notify you about the increase?

Your payslip for April will include the increase in your pension (where applicable) from 6 April 2020. For those eligible to an increase of more than £1 a month a further payslip will be sent in May to show the increased pension for a full month.

Am I entitled to the full increase?

If your pension began on or before 23 March 2019 you are entitled to receive the full increase. If your pension began after this date, a smaller increase applies as shown in the table below:

Pension Begins Increase
23 March 2019 to 21 April 2019 1.70%
22 April 2019 to 21 May 2019 1.56%
22 May 2019 to 21 June 2019 1.42%
22 June 2019 to 21 July 2019 1.28%
22 July 2019 to 21 August 2019 1.13%
22 August 2019 to 21 September 2019 0.99%
22 September 2019 to 21 October 2019 0.85%
22 October 2019 to 21 November 2019 0.71%
22 November 2019 to 21 December 2019 0.57%
22 December 2019 to 21 January 2020 0.43%
22 January 2020 to 21 February 2020 0.28%
22 February 2020 to 20 March 2020 0.14%