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Pensions Increase
Pension Pay Dates 4
New Look Payslips & P60 5
Annual General Meeting 2012 6
Pension Authority Member Representation8
Equitable Life
Update 9
Customer Service Excellence Review 10
New District Offices
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Parkinson ’ s
UK 11
Overseas Pension
Payments 13
Electrical Fire
Warning 14
Alaska Cruise
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Competition
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Pension
Puzzler 18
We Are Here To Help 20
Pensions Increase by 2.2 % from 8 th April 2013
Local Government pensions which have been in payment for at least a year will be increased by 2.2 % from 8 th April 2013 . This increase is known as Pensions Increase and is applied to your pension each year so it keeps in pace with the cost of living .
2.2 %
The increase is derived from the Consumer Prices Index ( CPI ) that has measured changes in the price of consumer goods and services purchased by households for the 12 month period up to the end of September .
You will receive this increase whether you are a retired member or one of their dependants . The only exception is if you are a retired member under age 55 and did not retire on the grounds of ill health . If you fit these criteria then you will receive your first increase when you reach age 55 .
April ’ s payment
When you receive your payslip you will see that April ’ s payment does not include the full increase . This is because the increase has not been applied until 8 th April , so you will have the first 7 days at your old rate . The payment you receive in May will be all at your new rate and will be shown on next month ’ s payslip .
2.2 %
Are you receiving a State Pension ?
If you were a member of the Scheme between 6 th April 1978 and 5 th April 1988 , and are receiving your State Pension , you will find that the increase will not be the full 2.2 %. The reason is that the Department for Work and Pensions ( DWP ) are responsible for paying the increase for pension built up during this period . So please don ’ t worry , you will have received all your increase , some paid with your State Pension and the rest paid by us .
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