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What is the 2021 percentage increase for current Royal mail pensioners on both schemes

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Benhur
Posts: 1
Joined: 02 Apr 2021, 10:31
Gender: Male

What is the 2021 percentage increase for current Royal mail pensioners on both schemes

Post by Benhur »

RobertT
EX ROYAL MAIL
Posts: 6644
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: What is the 2021 percentage increase for current Royal mail pensioners on both schemes

Post by RobertT »

It's always the rate of inflation, CPI or RPI, in the previous September.

For section A/B, the CPI rise should be 0.5%.

For section C, the RPI rise should be 1.1%.
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NorthernBoy
EX ROYAL MAIL
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Joined: 27 Sep 2010, 21:08
Gender: Male

Re: What is the 2021 percentage increase for current Royal mail pensioners on both schemes

Post by NorthernBoy »

If everyone gets out spending this summer, we may see an uptick in the inflation rate.

This could be good for next years pension increases...

Get spending folks!