Forum for former BBC staff

Forum for former BBC staff
http://www.ex-bbc.net/cgi-bin/yabb/YaBB.pl >> News and Comment >> Annual Pension Increase ?? http://www.ex-bbc.net/cgi-bin/yabb/YaBB.pl?num=1170685411 Message started by missionman on Feb 5^th, 2007, 2:24pm

Title: Annual Pension Increase ??
Post by missionman on Feb 5^th, 2007, 2:24pm

hello, I know there is a seperate place for pension stuff, but have you seen the date on it ??
Anyway any idea when this years pension increase is announced , please. Can't seem to find it anywhere. Thanks ???

Title: Re: Annual Pension Increase ??
Post by westy on Feb 8^th, 2007, 11:26am

Last year's letter informing of the increase was dated March 24, so I imagine it'll be a similar date this year. RPI in December was 4.4%, which seems like good news.

Title: Re: Annual Pension Increase ??
Post by Graham_McKenzie on Feb 9^th, 2007, 12:12am

But aren't we limited to an increase of 3%? Or is it 5%? Or have I got that muddled somehow?

Title: Re: Annual Pension Increase ??
Post by missionman on Feb 9^th, 2007, 8:53am

Hello, Thanks for that, somehow I thought February was when we heard about it. I think 5% is the limit, and as you say 4.40% would be very welcome. It might even keep up with the council tax inrease !! Cheers All.

Title: Re: Annual Pension Increase ??
Post by Deepak_Tripathi on Feb 9^th, 2007, 10:07pm

I'm fairly sure the pension increases can be up to 5% if the RPI is that high.

Deepak