Civil Service Newsletter September 2022 Issue No.112
Pension increase 2022

Pensions in payment on or before 1 April 2022 have been increased by 2.4% with effect from 1 April 2022. 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 of the average monthly Consumer Price Index (A) 2021-22 over that of the preceding year.