Pension increase 2020

Pensions paid from the NTL Pension Plan are generally increased each January in line with inflation and any minimum that may apply. This year there were some (upward) corrections to be applied to the pensions of some members where pension had been earned before March 1999 and whose pensions had been deferred for a period before being drawn; for example, many members who were transferred to Arqiva. This appears to have delayed the issuing of the normal letters advising of the increase. This seems to have had a knock on effect that January payslips did not reflect the increase, although the amounts actually paid did! The letters have now been issued as well as replacement, corrected, payslips.