Letter to Scheme Administrators – Notification of Negative CPI Dec 2019 to Dec 2020

Letter to Scheme Administrators – Notification of Negative CPI December 2019 to December 2020

Purpose Arising from negative annual changes in the rate of inflation (CPI), this Letter to Administrators confirms that no upward Single Scheme adjustments are to be made to (i) pensions awarded / in payment on 31 December 2020 and (ii) cumulative benefits earned by members up to 31 December 2019.
Document Name Letter to Scheme Administrators – Notification of Negative CPI Dec 2019 to Dec 2020
Date of Issue 23 Feb 2021

 

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