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Cost of Living Increase applied to Pensions in Payment

12 April 2016

Each year, NILGOSC increases your local government pension according to the government’s method for increasing public sector pensions - in line with the previous September’s inflation figure, as measured by the Consumer Prices Index (CPI).

The Consumer Prices Index (CPI) fell by 0.1% in the year to September 2015 - the first time since 2010 that a negative percentage had been recorded.

The Government announced in March 2016 that no increase would be applied to public sector pensions in April 2016. Therefore, your pension from NILGOSC will not be increased this year and will continue to be paid at the same rate as last year.