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Pension in Payment Increase Rate for GMP

This is the rate at which the Pre-1988 GMP or the Post-1988 GMP will increase between date of retirement and SPA (if later). Select from the drop-down list which of the previously defined pension increase rates to use. The options are:

  • Main
  • Special
  • Pension Increase 3
  • Pension Increase 4.

This indicator will also be used to determine which pension any SPA adjustments for the Pre-1988 GMP or the Post-1988 GMP are made to.