During the course of payment your pension will increase each year, as long as there is an increase in the Retail Prices Index (RPI). The Founding Companies may request Trustee approval for a discretionary increase over the RPI level, for example if there is no increase in RPI.
How does my pension increase?
What increases have been awarded in the past?
What happens if the increase in the RPI is above 7% or 5%?