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<p>Increases to private sector pensions in payment will depend on the scheme rules.
The Government sets a statutory minimum for the indexation of certain defined benefit
pensions accrued between specific dates and, as long as schemes meet this minimum,
they may choose how and when to increase pensions in payment and on what basis.</p><p>
</p><p>In some cases rules may contain a requirement for specific increases; in others
the trustees can exercise their discretion.</p><p> </p><p>It is, therefore, for the
scheme to provide members with information about any changes to pensions in payment.</p>
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