If your deferred benefit was awarded on or before 22 April 2024, your benefit receives the full 1.7% increase. If your deferred benefit was awarded after this date, a proportion of the increase applies as follows:
| Pension beginning | Percentage increase |
|---|---|
| On or before 22 April 2024 | 1.7% |
| 23 April 2024 to 22 May 2024 | 1.56% |
| 23 May 2024 to 22 June 2024 | 1.42% |
| 23 June 2024 to 22 July 2024 | 1.28% |
| 23 July 2024 to 22 August 2024 | 1.13% |
| 23 August 2024 to 22 September 2024 | 0.99% |
| 23 September 2024 to 22 October 2024 | 0.85% |
| 23 October 2024 to 22 November 2024 | 0.71% |
| 23 November 2024 to 22 December 2024 | 0.57% |
| 23 December 2024 to 22 January 2025 | 0.43% |
| 23 January 2025 to 22 February 2025 | 0.28% |
| 23 February 2025 to 22 March 2025 | 0.14% |