How is my pension increased?

Each April your local government pension is increased to ensure that it maintains its spending power in line with the rise in the cost of living. The amount of your pension increase is set by HM Treasury under the Pension (Increase) Act 1971.

 

From 10 April 2023 pensions will increase by 10.1%. This increase is in line with September 2022’s adjustment in the Consumer Price Index (CPI).

 

You can read more information about this year’s pension increase in our Questions & Answers section.