All our active members’ Career Average Revalued Earnings (CARE) pensions were revalued in April 2025. The value of the CARE pension increased by 1.7%, in line with the Consumer Price Index (CPI) figure for September 2024.
Our deferred members have also had their total pension increased by 1.7%, again in line with September 2024 CPI.
Members will see the increases in pension when they receive their Annual Pension Statement, which will be issued later this year.