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How your deferred benefits keep their value

Your deferred benefits are held in the Police Pension Scheme where they increase in value in line with the cost of living, until they become payable.

After your benefits are brought into payment, your pension will continue to receive cost of living increases every year.

The increase is added to your pension every April. It is based on the annualised change in the Consumer Price Index (CPI) in the 12 months to the previous September and is set by HM Treasury. Further information can be found from the HM Treasury website.

Pensions increase information is shown in your Deferred Benefit Statement sent to you in the Summer each year.

The pensions increase from April 2020 is 1.7%.