Annual Increase (2023) Confirmed

The Government has confirmed that the annual cost of living increase, based on inflation from the previous year, will be applied from this April at 10.1%

As well as increasing pensions that are already in payment this figure is used to uprate the historical salaries used in the calculation of the final salary figure.

https://www.gov.uk/government/publications/public-service-pensions-increase-2023

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