| By law, your deferred benefits are 'index-linked' against inflation. This means that they rise in line with the Retail Prices Index. So, if the cost of living doubles or trebles between now and your pensionable age, your deferred benefits will double or treble as well.
Each year, you will receive a deferred benefit statement informing you of how much your pension has increased since you left employment. This will enable you to keep track of your pension entitlement. |