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Index linked pension?

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fly-catchers
EX ROYAL MAIL
Posts: 573
Joined: 05 Oct 2008, 16:38
Gender: Male

Index linked pension?

Post by fly-catchers »

I know that when you take the pension it is index linked. But looking into it I am confused as how it is worked out. In general it seems as if the A/B pension is CPI and section C (the one I am in) is RPI. Both up to a max of 5%. But them I read of the GMP and that between 1988 and 1997 it is 3%. Is that up to 3% or a constant 3%? And are there are any other bits to take into account? Obviously with the Government handling the pension up to 2012 and RM after that and the different parts it can only make it more complicated to understand!
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