Pension increase, can you explain.

[Wullie10]

My annual pension £360.30 . It has gone up 5%. New pension is £367.78 . I don't really understand all this, maths is not my best subject. But that's not right ???

[BenacreNick]

If 5%, then £18 increase sounds about right Wullie ?

That £367 figure is only a 2 % increase ?

[deltaforce]

If you have been receiving your pension for less than 12 months then any increase would be Pro rata…

[Wullie10]

I guessed it was something like that. So should get another pay rise to take it up to 5% once the first 12 months is complete?

[NWpostie]

My annual pension £360.30 . It has gone up 5%. New pension is £367.78 . I don't really understand all this, maths is not my best subject. But that's not right ???

That's such a small pension, how long have you been in ?

[Wullie10]

Sit down.... 35 years . That's the RMPP.... the other is much larger.

[NWpostie]

I was starting worry for a minute that all the contributions made counts for naught.

[Bellaber]

Do we all get a pension rise in April

[SeanMc]

Yes, 6.7% for A/B members and 5% for section C.