April 2014 pension increase

April 2014 pension increase

Pensions from the TfL Pension Fund will increase in April.

The full pension increase from 1 April 2014 is 3.2%.

This is based on the rise in the Retail Price Index over the 12 months to September 2013.

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 20133.20
2 April 2013 to 1 May 20132.90
2 May 2013 to 1 June 20132.67
2 June 2013 to 1 July 20132.40
2 July 2013 to 1 August 20132.13
2 August 2013 to 1 September 20131.87
2 September 2013 to 1 October 20131.60
2 October 2013 to 1 November 20131.33
2 November 2013 to 1 December 20131.07
2 December 2013 to 1 January 20140.80
2 January 2014 to 1 February 20140.53
2 February 2014 to 1 March 20140.27
6th January 2014