April 2025 Pension Increase
Pensions from the TfL Pension Fund increase in April 2025.
This is based on the rise in the Retail Price Index over the 12 months to September 2024 which was 2.7 per cent.
Depending on the period of membership of the TfL Pension Fund, your pension may comprise of various components, some of which are not increased by the Fund at the above rate but may be increased by the State.
Fund members fall into one of two categories; Existing Members are those who joined the Fund on or before 1 April 1989 and New Members are those who joined the Fund after 1 April 1989. For the part of your pension that is increased by the Fund, the increase is capped at 5 per cent for New Members.
If you have been receiving your pension for less than a year you may receive a pro rata increase, as shown in the following table.
| Effective date | Existing Members Increase % | New Members Increase % |
| Up to 1 April 2024 | 2.700% | 2.700% |
| 2 April 2024 to 1 May 2024 | 2.475% | 2.475% |
| 2 May 2024 to 1 June 2024 | 2.250% | 2.250% |
| 2 June 2024 to 1 July 2024 | 2.025% | 2.025% |
| 2 July 2024 to 1 August 2024 | 1.800% | 1.800% |
| 2 August 2024 to 1 September 2024 | 1.575% | 1.575% |
| 2 September 2024 to 1 October 2024 | 1.350% | 1.350% |
| 2 October 2024 to 1 November 2024 | 1.125% | 1.125% |
| 2 November 2024 to 1 December 2024 | 0.900% | 0.900% |
| 2 December 2024 to 1 January 2025 | 0.675% | 0.675% |
| 2 January 2025 to 1 February 2025 | 0.450% | 0.450% |
| 2 February 2025 to 1 March 2025 | 0.225% | 0.225% |