April 2015 pension increase

April 2015 pension increase

Pensions from the TfL Pension Fund will increase in April.

The full pension increase from 1 April 2015 is 2.3%.

This is based on the rise in the Retail Price Index over the 12 months to September 2014.

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 dateIncrease (%)
Up to 1 April 20142.3
2 April 2014 to 1 May 20142.11
2 May 2014 to 1 June 20141.92
2 June 2014 to 1 July 20141.73
2 July 2014 to 1 August 20141.53
2 August 2014 to 1 September 20141.34
2 September 2014 to 1 October 20141.15
2 October 2014 to 1 November 20140.96
2 November 2014 to 1 December 20140.77
2 December 2014 to 1 January 20150.58
2 January 2015 to 2 February 20150.38
2 February 2015 to 1 March 20150.19
5th January 2015