2021 Imperial Pension Increase

I can confirm that this year’s Fund Increase is 1.2% and this will be applied to pensions with effect from 1st April 2021. As usual any Guaranteed Minimum Pension (GMP) element of the pension which built up after 6th April 1988 will receive the statutory increase, which this year is 0.5%.

As usual pensioners will receive a letter towards the end of April informing them of the increase to their pension.