Pension Increase (PI) explained
Update: 2025-10-16
Description
Michelle Storer, Senior Training Consultant for Civil Service Pensions, returns to the podcast to talk us through the annual Pension Increase.
She explains what PI is, how it works and who qualifies for it.
We also discuss some frequently asked questions from members, and some common misconceptions about this yearly increase.
Useful links:
- Transcript of this episode
- Accessible version of this episode
- Yearly Pensions Increase (PI) - Civil Service Pension Scheme
- HMRC online services: sign in or set up an account
- Latest Pensioner Newsletter (featuring ‘your P60 explained’ video)
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