Civil Service Newsletter March 2024 Issue No.117
Pension increase 2024

Pensions in payment on or before 1 April 2024 have been increased by 2.3% with effect from 1 April 2024. 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) 2023-24 over that of the preceding year.

2024© | Important notices

Last Review Date: 31 July 2024