Graduated Retirement Benefit scheme to 1975

worn_out

Apparently I earned 32 units up to 1975...(paying approx £240 in additional NI contributions)

These were valued at £0.1314 each in 2014 so I received £4.20pw additional pension.(£218pa)

My question is, when the scheme ended in 1975 was the value of the units I'd bought increased each year by inflation ?  If I worked it backwards the 13p in 2014 would have been 1.2p in 1975.

..

DRS1

Looks like it does go up.  See

What Is Graduated Retirement Benefit? | GRB FAQs | SunLife

If you click on the link to Gov UK you need to scroll all the way down to State Pension.

worn_out

i suppose having paid about £2,500 (in todays money) it's giving me £384 per year this year..and about £4000 since I retired..so far...doesn't sound too bad tbh.