Your deferred benefits are subject to an inflationary review each April in line with changes in the Consumer Prices Index. Each year we will send you an Annual Benefit Statement (ABS) showing you the current value of your deferred pension benefits after the April inflationary review has been applied. Note that it may be possible no increase is due where the Consumer Prices Index is zero or below zero. The ABS will also contain other useful information about your pension.
Annual Benefit Statements are usually sent to deferred scheme members no later than 31 August annually.
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