Pension Increase 2014

The pension increase will be applied from 1 April 2014

This year's pension increase for Old and New Benefits members of the Scheme is 2.7%. The pension increase for Career Average Benefits (2006) will be 2.5%.

The basis used for calculating annual increases under the rules of the Scheme is the rise in the Retail Prices Index (RPI) for the calendar year ending 31 December.

The figure for December 2013 was 2.7% and BBC pensions will be increased by this amount with effect from 1 April 2014.

The pension increase for Career Average Benefits (2011) members will be 2.0%.

The basis used for calculating annual increases under the rules of the Scheme is the rise in the Consumer Prices Index (CPI) for the calendar year ending 31 December.

Pensioners will receive a letter at the end of March confirming the details of the increase. The increase will be reflected in your April pension payment.