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National Grid Pensioners

The administration of the NG Pension Scheme is carried out by Barnett Waddingham.

Pension increases for 2026 for National Grid Pensioners

The information below has been copied from the National Grid Pensions website (www.ngukgaspension.co.uk)

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NGUKPS pensions will increase from Monday, 6 April 2026.

If you’re a man under the age of 65, or a woman under age 60 at the increase date,

your whole pension will be increased by 4.5%

(in line with the rise in Retail Prices Index for September 2025).

However, if you’re a man over age 65, or a woman over age 60,

your Scheme pension is likely to include

what’s known as a Guaranteed Minimum Pension or GMP.

Different increases apply to the GMP parts of your pension

and depending on when you reached, or will reach, State Pension age,

some increases (if you reached State Pension Age before April 2016)

may be paid by the State.

A pension increase letter will be sent to you in April 2026,

this will show the annual increase(s) in your particular circumstances

and explain how these have been applied to your pension.

14 November 2025

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​Cadent Pensioners

The administration of the Cadent Pension Scheme is carried out by Aptia (formerly called Mercer).

Pension increases for 2026 for Cadent Pensioners

The information below has been copied from the Cadent Pensions website (www.cadentgaspensions.com)

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How much will my pension increase by in 2026?

Pensions payable from the Scheme are reviewed in April each year.

The amount they are increased by is based on the Retail Prices Index (RPI) for the 12 months up to

the previous September, in accordance with the Rules of the Scheme.

This year the headline annual pension increase will be 4.5%.

This increase will take effect from Monday 6 April 2026.

The same rate applies to both pensions already in payment and deferred pensions.

Pensioner members will receive a personalised letter closer to the April 2026 payday,

explaining exactly how much their pension will increase.

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Why you may not receive the full increase

If your pension has been in payment for less than 12 months

the increase will be applied on a pro-rata basis (that is, in proportion to how long your pension has been paid).

If you have a Guaranteed Minimum Pension (GMP)

men over age 65 or women over age 60 might have a pension that includes a GMP,

which has different rules for increases.

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