April 2016 pension increase

April 2016 pension increase

Pensions from the TfL Pension Fund will increase in April.

The full pension increase from 1 April 2016 is 0.8%.

This is based on the rise in the Retail Price Index over the 12 months to September 2015.

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 20150.80
2 April 2015 to 1 May 20150.73
2 May 2015 to 1 June 20150.67
2 June 2015 to 1 July 20150.60
2 July 2015 to 1 August 20150.53
2 August 2015 to 1 September 20150.47
2 September 2015 to 1 October 20150.40
2 October 2015 to 1 November 20150.33
2 November 2015 to 1 December 20150.27
2 December 2015 to 1 January 20160.20
2 January 2016 to 1 February 20160.13
2 February 2016 to 1 March 20160.07
4th January 2016