31/10/2026

 

Pensions are increased in October and April each year in line with the RGPS Rules. Different increases apply to different parts of RGPS pensions, depending on when they were earned. The latest increase, as at 1 October 2026, applies to any pension earned above the Guaranteed Minimum Pension (GMP). The different parts of non-GMP pension increase as follows:

-    Pension built up to 5 April 2006 is increased in line with RPI capped at 5% pa.

-    Pension built up after 5 April 2006 is increased in line with RPI capped at 2.5% pa.

The relevant RPI measure for 2026 was 3.4% (ie the annual inflation rate to August 2026). Therefore, the proportion of pension (in excess of GMP) earned before 6 April 2006 will increase by 3.4%, and the proportion earned after 5 April 2006 will increase by 2.5%.