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  Forum for former BBC staff › › News and Comment › Annual Pension Increase ??
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Annual Pension Increase ?? (Read 5337 times)
missionman
Ex Member
Annual Pension Increase ??
Feb 5th, 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 ???
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westy
Ex Member
Re: Annual Pension Increase ??
Reply #1 - Feb 8th, 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.
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Graham_McKenzie
Ex Member
Re: Annual Pension Increase ??
Reply #2 - Feb 9th, 2007, 12:12am  
But aren't we limited to an increase of 3%?  Or is it 5%? Or have I got that muddled somehow?
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missionman
Ex Member
Re: Annual Pension Increase ??
Reply #3 - Feb 9th, 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.
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Deepak_Tripathi
Ex Member
Re: Annual Pension Increase ??
Reply #4 - Feb 9th, 2007, 10:07pm  
I'm fairly sure the pension increases can be up to 5% if the RPI is that high.

Deepak
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