The revaluation of your LGPS pension is carried out under Treasury Revaluation Orders. It instructs that the revaluation rate is in line with the Consumer Price Index (CPI).
CPI from April 2014 is:
Scheme year ending | Percentage |
---|---|
31 March 2015 | 1.2% |
31 March 2016 | -0.1% |
31 March 2017 | 1% |
31 March 2018 | 3% |
31 March 2019 | 2.4% |
31 March 2020 | 1.7% |
31 March 2021 | 0.5% |
31 March 2022 | 3.1% |
31 March 2023 | 10.1% |
31 March 2024 | 6.7% |
31 March 2025 | 1.7% |