NHS pension increase - why so low?

hugheskevi

On the positive side, the CPI index number for Sep 2024 was 134.2 and for March 2025 it was 136.5.

So that is already an increase of more than 1.7% with only half the year to September 2025 gone, so the increase in April 2026 will probably be rather higher than April 2025.

Hoenir

Dazed_and_C0nfused said:

Hoenir said:

1.7% rise is going to come as a shock to many people. 

Not to the clients of the accountant who posted recently about a DB pension transfer, their clients receiving State Pension will be getting 5.8% 😉

I was thinking about the many thousands who have opted for early retirement from the NHS. 

dunstonh

safe_hands2 said:

That all makes sense, thank you for the replies. Just an extra £20 a month with how costs keep going up is pretty rubbish.

Just think yourself lucky that you don't have private sector provision.

german_keeper

dunstonh said:

safe_hands2 said:

That all makes sense, thank you for the replies. Just an extra £20 a month with how costs keep going up is pretty rubbish.

Just think yourself lucky that you don't have private sector provision.

My wife has a deferred private sector DB pension. RPI capped at 5% in accrual, RPI capped at 10% in payment. But yes based on what I have read on this forum I take your point!