April 2013 Pension Increase

April 2013 Pension Increase

Pensions from the TfL Pension Fund will increase in April.

The full pension increase from 1 April 2013 is expected to be 2.6%.

This is based on the rise in the Retail Price Index over the 12 months to September 2012.

Depending on the period of membership of the TfL Pension Fund, your pension may comprise of various components, some of which are not increased by the Fund at the above rate, but may be increased by the State.

If you have been receiving your pension for less than a year you may receive a pro rata increase. See below for details:

Effective date Increase (%)
Up to 1 April 20122.60
2 April 2012 to 1 May 20122.38
2 May 2012 to 1 June 20122.17
2 June 2012 to 1 July 20121.95
2 July 2012 to 1 August 20121.73
2 August 2012 to 1 September 20121.52
2 September 2012 to 1 October 20121.30
2 October 2012 to 1 November 20121.08
2 November 2012 to 1 December 20120.87
2 December 2012 to 1 January 20130.65
2 January 2013 to 1 February 20130.43
2 February 2013 to 1 March 20130.22
6th December 2012