On 7th March the 2018 Pension Increase was confirmed in writing by HM Treasury.

 

In accordance with this notification all applicable Public service pensions which have been in payment for a year or more will be increased by 3% from 9 April 2018 in line with the September-to-September increase in the Consumer Prices Index (CPI).

 

Any applicable pension which has been in payment for less than a year will be increased by a proportionate amount depending upon the number of months it has been in payment.

 

Therefore pensioners will receive a payslip in April detailing the amount of pension increase paid from 9 April to 30 April 2018.

 

A further payslip will be issued in May detailing a full month at the new rate of pension payable.

 

Thereafter payslips are issued when there is a change of £2 or more in the amount of pension payable.