Cpi Pension Increase 2024. If cpi shows an increase in prices, pi will be applied to pensions in payment in. The obr say that cpi inflation will average 2.5% this year, 2.6% in 2025, then 2.3% in 2026, 2.1% in 2027,.
The state pension could rise by 8.5% from april 2024 under the ‘triple lock’ guarantee, meaning millions of people could receive a weekly increase of up to ยฃ17.35. The increase will apply to indexed pensions payable from the commonwealth superannuation scheme (css), public sector.