Local government pensions will not increase in 2016
In April 2016, there will be no increase to local government pensions in payment.
Each year, the Fund increases local government pensions according to the government’s method for increasing public sector pensions - in line with the previous September’s inflation figure, as measured by the Consumer Prices Index (CPI). The Consumer Prices Index (CPI) fell by 0.1% in the year to September 2015 - the first time since 2010, that a negative percentage had been recorded. Despite this, your local government pension will not be reduced in April 2016. Your pension will remain at the same level that is currently in payment.