Proportion of the pension increase on new deferred benefits

If your deferred benefit was awarded on or before 23 April 2023, your benefit receives the full 6.7% increase. If your deferred benefit was awarded after this date, a proportion of the increase applies as follows:

Pension beginning

Percentage increase

Pension

beginning

Percentage increase

On or before 23 April 2023

6.7%

24 September 2023 to 23 October 2023

3.35%

24 April 2023 to 23 May 2023

6.14%

24 October 2023 to 23 November 2023

2.79%

24 May 2023 to 23 June 2023

5.58%

24 November 2023 to 23 December 2023

2.23%

24 June 2023 to 23 July 2023

5.03%

24 December 2023 to 23 January 2024

1.68%

24 July 2023 to 23 August 2023

4.47%

24 January 2024 to 23 February 2024

1.12%

24 August 2023 to 23 September 2023

3.91%

24 February 2024 to 23 March 2024

0.56%