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Are my deferred benefits protected against inflation?

The deferred benefits you have in the LGPS are index-linked, which means that they increase each year in line with the cost of living and are protected against inflation.

The increase that is applied to your deferred benefits each year is called Pensions Increase and the amount of the increase varies from year to year.  Before April 2011, deferred pension benefits were increased annually each year in line with the Retail Prices Index (RPI).  From April 2011 onwards public sector pension benefits have been increased annually in line with the rise in the Consumer Price Index (CPI).