Pension Increase is the annual increase applied to your pension. The increase has been calculated and applied in line with Office of National Statistics' publication of the Retail Prices Index (“RPI”) at September 2025 and December 2025 and statutory requirements. The increase for April 2026 is 4.5%. The rates will be applicable to pensions in excess of GMP (as applicable) with effect from 1 April 2026.

The PI percentage rates which will apply are:

• Non-GMP Elements                                                                                RPI 4.5%
• Post 88 GMP elements                                                                           CPI 3.0%

The amount of Pension Increase is set in accordance with the Rules of your Pension Plan. Also, if you retired part way through the year, you may not be entitled to the full annual increase this year.

There are a few reasons why this might happen. Westinghouse Electric UK Pension Plan Increases are linked to Retail price Index (RPI) which varies from year to year and is set in line with Office of National Statistics’ publication of the Retail Prices Index (“RPI”) and statutory requirements. Another reason why this might happen is that if you have reached State Pension Age, some of your increase may be paid by the Government via your State Pension, so the Plan increase only covers some of your pension.  Your State Pensions Age depends on when you were born. If you wish to check your State Pension Age, please visit https://www.gov.uk/state-pension-age

If you have a query, can you please check the FAQs first to see if they provide the information that you need. If the FAQs do not cover your question, the best way to contact us is now via email at: WEUKPP@equiniti.com