When is the CPI figure for Pensions for 2016 announced?

Odea

Registered User
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When is the Consumer Price Index figure for pensions announced for 2016?

Existing pensioners in my DB scheme have had their pensions frozen so they cannot avail of this annual increase.

However deferred pensioners can continue to have this annual amount added to their pension.

I am due to start my DB pension next month and I would like to have the CPI amount for 2016 included in my calculations as my pension amount will be frozen from that date going forward.

So far my pension provider is working off 2015 figures.
 
Using cso CPI website for source of - 0.3% for 2015 ......

[broken link removed]

"The % change in the CPI from Mar 2015 to Mar 2016 is -0.3%."

Looks like they announce in april based on march to march !


Looking at 2016 " so far "...
The % change in the CPI from Mar 2016 to Nov 2016 is 0.0%.

A basket of goods and services that cost €1,000 in Mar 2016 would have cost €1,000.00 in Nov 2016.

Calculations
Percentage change = ( (indexTo - indexFrom) / indexFrom ) * 100

(101.20 - 101.20 / 101.20) * 100 = 0.0%
 
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