Current status: Answered by Ivan McKee on 23 May 2024
To ask the Scottish Government, in light of rising living costs, whether it is considering any measures to increase the pension payments for current retirees who are members of the Scottish Teachers' Pension Scheme (STPS).
Pensions in payment from the Scottish Teachers’ Pension Scheme are protected against inflation and are adjusted each April in line with the Consumer Prices Index. In April 2023, pensions increased by 10.1% and in April 2024 by a further 6.7%.