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We’re increasing your built-up benefits

If you’re early on in your pension saving journey, find out about the pension increase and what it means for your pension savings

We’re applying an increase to your Retirement Income Builder in April

Your Retirement Income Builder pension will be increased by 3.8% in April.*

Why does this happen?

Your Retirement Income Builder guarantees you an income when you retire. These increases help protect the value of that income against inflation. This means when you take your benefits in the distant future, they have similar buying power to now.

How is it worked out?

Every year we look at official pensions, which are linked to the Consumer Prices Index (CPI). CPI is a measure of inflation based on the price of an average basket of shopping. When CPI increases, we increase your benefits (subject to certain caps). When there’s negative inflation and CPI does not go up, we do not reduce your benefits; they just stay the same for that year.

When you’ll see the increase in My USS

The increase is applied from April, and you’ll see the value of your Retirement Income Builder benefits updated in My USS in early May.

Want to find out more? Watch our video on how USS works.

*Subject to the Pension Increase (Review) Order being passed through Parliament (this typically takes place in March).


Published: 3 March 2026

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