PCSPS members annual increase letter question

BoxerfanUK

Ever since I retired eight years ago I’ve received (in early March) a letter from civil service pensions informing me of the details and amount after tax of the new pension payment for the forthcoming tax year in April. For some reason, this year I have received no letter or information!!

Have any other PCSPS members received a letter or are they no longer informing civil servants of changes to the amounts of their pension?

molerat

Have you not read about the chaos with the scheme since coming under new management ? They can't even manage to pay new pensions on time let alone send out increase letters.

BoxerfanUK

https://forums.moneysavingexpert.com/discussion/comment/81942554#Comment_81942554

yes I am aware of this debacle and thought that this may well be the reason but just wanted wanted to ask if everyone else was in the same boat!

This country really is falling apart at the seams. 😔

Silvertabby

Mr S received his increase letter last week, so they are dribbling through.

BoxerfanUK

https://forums.moneysavingexpert.com/discussion/comment/81942598#Comment_81942598

Thank you 🙏

horsewithnoname

https://forums.moneysavingexpert.com/discussion/6661835/pcsps-members-annual-increase-letter-question

you’ll get 4.5%, the September CPI rate, same as every year

Dazed_and_C0nfused

https://forums.moneysavingexpert.com/discussion/comment/81943774#Comment_81943774

Although that was the RPI rate, it's the CPI rate which is key here and that was lower at 3.8%.