Civil Service Newsletter September 2019 Issue No.105
Pensioners' Corner
   
  From Accounting to Acoustics
 
  Pensioners’ Outing
 
  Pension Increase 2019
   
 
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Pension Increase 2019
 
 

Pensions in payment on or before April 1, 2019 have been increased by 2.7% with effect from April 1, 2019. Such arrangement does not apply to pensions paid to pensioners who have not yet reached the normal retirement age. Under the mechanism prescribed by law, the increase is determined according to the percentage increase in the average monthly Consumer Price Index (A) of 2018-19 over that of the preceding year.