Public sector payrise

Flugelhorn

Deleted_User said:

Flugelhorn said:

Deleted_User said:

Silvertabby said:

Deleted_User said:

MX5huggy said:

Not for those receiving their pensions or those  deferred (not contributing) (unless there’s a particular scheme that has some link to average earnings) pensions in payment increase by inflation.

Obviously those who are currently employed and receive pay rises will increase their pension entitlements in the future as their salaries rise.

Presume your not taking about the State Pension, which has the triple (double) lock. 

I am talking about pension payments for those already on CS pensions 

Your increase has already been announced - 3.1% from next April.

OK Thanks - hadn't realised

I did - up early on the day to check the CPI! 

Where exactly is 3.1% quoted for CSP? 
Mycsp doesn't appear to mention 2022 yet!
State pension rise for next year is 3. 1%

Dunno - I'm in the NHS pension scheme and we get September CPI in April next year 

Silvertabby

Flugelhorn said:

Deleted_User said:

Flugelhorn said:

Deleted_User said:

Silvertabby said:

Deleted_User said:

MX5huggy said:

Not for those receiving their pensions or those  deferred (not contributing) (unless there’s a particular scheme that has some link to average earnings) pensions in payment increase by inflation.

Obviously those who are currently employed and receive pay rises will increase their pension entitlements in the future as their salaries rise.

Presume your not taking about the State Pension, which has the triple (double) lock. 

I am talking about pension payments for those already on CS pensions 

Your increase has already been announced - 3.1% from next April.

OK Thanks - hadn't realised

I did - up early on the day to check the CPI! 

Where exactly is 3.1% quoted for CSP? 
Mycsp doesn't appear to mention 2022 yet!
State pension rise for next year is 3. 1%

Dunno - I'm in the NHS pension scheme and we get September CPI in April next year 

Standard for all public sector pensions. 

Note: Increase is payable from the first Monday on or after 6 April.  Will be Monday 11 April next year.  Glad I'm retired and won't have to deal with the flood of "I haven't been paid the full amount" calls in early May !