|
|
|
|
|
|

Updating...
|
|
|
|
In December and June each year our emergency services and state super pension members receive a pension adjustment aligned with any Consumer Price Index (CPI) increase.
How will you know?
If you are an ESSSuper pension member, you will receive a letter from us, outlining your increase details and effective dates.
The letter will also be accompanied by a new pension pay day calendar for the next financial year and our ESSSuper News for pension members.
Effective dates
The latest increase is for the January 2011 to June 2011 CPI period and will be:
- Effective from 25 November 2011
- Paid on payday Thursday 8 December 2011
How much is the latest increase?
For the period 1 January 2011 - 30 June 2011, the CPI increased
by 2.47%.
Eligible pensioners that were in receipt of a pension on 1 January 2011, will receive the full increase.
Eligible pensioners that commenced between Febuary 2011 - June 2011 will receive a pro-rata increase based on the month the pension commenced (refer to the table below).
Pensioners who commenced their pension after 1 July 2011, may not receive an increase.
Pension pro-rate increases
| Month pension commenced |
Fraction of increase applied |
Actual increase applied |
| June 2011 |
1/6 |
0.41% |
| May 2011 |
2/6 |
0.82% |
| April 2011 |
3/6 |
1.24% |
| March 2011 |
4/6 |
1.65% |
| February 2011 |
5/6 |
2.06% |
| January 2011 & Prior |
6/6 |
2.47% |
|
|
|
|
|
|
|
|
|