April 2013 Pension Increase
Pensions from the TfL Pension Fund will increase in April.
The full pension increase from 1 April 2013 is expected to be 2.6%.
This is based on the rise in the Retail Price Index over the 12 months to September 2012.
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.
If you have been receiving your pension for less than a year you may receive a pro rata increase. See below for details:
Effective date | Increase (%) |
---|---|
Up to 1 April 2012 | 2.60 |
2 April 2012 to 1 May 2012 | 2.38 |
2 May 2012 to 1 June 2012 | 2.17 |
2 June 2012 to 1 July 2012 | 1.95 |
2 July 2012 to 1 August 2012 | 1.73 |
2 August 2012 to 1 September 2012 | 1.52 |
2 September 2012 to 1 October 2012 | 1.30 |
2 October 2012 to 1 November 2012 | 1.08 |
2 November 2012 to 1 December 2012 | 0.87 |
2 December 2012 to 1 January 2013 | 0.65 |
2 January 2013 to 1 February 2013 | 0.43 |
2 February 2013 to 1 March 2013 | 0.22 |
6th December 2012