ICL Group Pension Plan pensioners benefit from annual increases, which are linked to RPI.
Please refer to the FAQ’s section in the Members Area for more information on Pension Increases and how they are calculated.

To view the official monthly announcement - Click here - (note this gives the latest monthly anouncement).

If you wish to find more information about RPI and how it is measured, refer to the website of the Office of National Statistics - Click here.

The Office of National Statistics have recently launched a facility on their website which gives an online `personal inflation calculator'. This enables users to calculate an inflation rate based on personal expenditure patterns, rather than the averages used in published national statistics. Click here to try out this calculator.