The Government has published the proposed increases in teachers’ pensions with effect from 6 April 2020.  This follows confirmation by HM Treasury of the Consumer Prices Index inflation figure for September 2019.  The same proposed increases apply to local government pensions. The necessary statutory instrument will be laid in due course.

Those pensioners whose pensions began on or before 21 April 2019 will receive an increase of 1.7 per cent, in line with the increase in the Consumer Prices Index.

This is a smaller increase than the 2.4 per cent which would have been payable had the previous indexation link to the Retail Prices Index still been in operation. 

Those pensioners who have retired on or after 22 April 2019 will receive a proportionate increase based on CPI. The following table shows the pensions increases payable.  It should be noted that the dates shown are the dates the pension begins and not the date of retirement.

Pensions Beginning Date

Percentage Increase

On or before 21 April 2019

1.7%

22 April 2019 to 21 May 2019

1.56%

22 May 2019 to 21 June 2019

1.42%

22 June 2019 to 21 July 2019

1.28%

22 July 2019 to 21 August 2019

1.13%

22 August 2019 to 21 September 2019

0.99%

22 September 2019 to 21 October 2019

0.85%

22 October 2019 to 21 November 2019

0.71%

22 November 2019 to 21 December 2019

0.57%

22 December 2019 to 21 January 2020

0.43%

22 January 2020 to 21 February 2020

0.28%

22 February 2020 to 21 March 2020

0.14%

22 March 2020 onwards

Nil

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Pensions

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