April 2021 pension increase

April 2021 pension increase

Pensions from the TfL Pension Fund increase in April 2021.

This is based on the rise in the Retail Price Index over the 12 months to September 2020 which was 1.1 per cent.

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, as shown in the following table.

Effective dateIncrease(%)
Up to 1 April 20201.100
2 April 2020 to 1 May 20201.008
2 May 2020 to 1 June 20200.917
2 June 2020 to 1 July 20200.825
2 July 2020 to 1 August 20200.733
2 August 2020 to 1 September 20200.642
2 September 2020 to 1 October 20200.550
2 October 2020 to 1 November 20200.458
2 November 2020 to 1 December 20200.367
2 December 2020 to 1 January 20210.275
2 January 2021 to 1 February 20210.183
2 February 2021 to 1 March 20210.092
2 March 2021 to 1 April 20210.0

The increase will be paid to all eligible pensioners on 12 April 2021.

5th January 2021