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Your pensions increase

The pension scheme rules spell out that our pensions normally go up each year in line with prices. And that’s a great thing to have, as it means no matter how sharply prices go up, your pension is protected. But for the first time since the 1930s, the UK has seen negative inflation - so this means there will be no pensions increase in April 2010. You read more about the background to this in Issue 15 of Pensions Grapevine.

* Pensions Grapevine
* Your pension and the cost of living

 

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Your pensions increase
Pensions Office, Concord Suite, Manchester Road, Droylsden , M43 6SF Helpline: 0161 301 7000 Email Us: mail@gmpf.org.uk