It has been confirmed that the following pension increases will take effect from 1st April 2019
Old and New Benefits members’ pensions in payment and deferred pensions will increase by 2.7%. Old Benefits members who elected to receive the Pension Increase Exchange will receive a lower, and in some cases, no increase with effect from 1 April 2019.
Career Average Benefits (“CAB”) 2006 members’ pensions in payment will increase by 2.5%.
CAB 2011 members’ pensions in payment will increase by 2.1%.
A revaluation increase of 2.7% on 1 April 2019 to pensions built up to 31 March 2018 for active and deferred CAB 2006 members.
A revaluation increase of 2.1% on 1 April 2019 to pensions built up to 31 March 2018 for active and deferred CAB 2011 members.
No discretionary increase over and above those detailed above have been agreed.
You can view these details @ https://www.bbc.co.uk/mypension/news/190312