Index-linking of retirement benefits

• Your pension will be increased annually each April in line with the Consumer Prices Index (CPI), in order to maintain its purchasing power.
• The rate of increase will not mirror any rate of increase in teachers’ pay; it may be higher or lower.
• If your pension is paid before your 55th birthday, this increase will not be paid until after that birthday unless you have been prematurely retired and have dependent children or you are incapacitated in which case benefits are increased annually regardless of your age.