2021 pension increase

The Trustees website (mypension.com/ntlplan) confirms that the appropriate increases have been applied to pensions paid from Jan 2021. Letters confirming the increases have been slightly delayed but are expected to be issued week commencing 11th Jan.

Increases are generally based on the September RPI increase (1.1%) for the appropriate elements, but also subject to an overall minimum increase, except in cases where pension increases were previously traded for a one-off uplift or other individual circumstances apply.