Armed Forces Compensation Scheme and War Pensions: Inflation

(asked on 17th November 2022) - View Source

Question to the Ministry of Defence:

To ask the Secretary of State for Defence, how much his Department will increase Armed Forces Compensation Scheme and War Pension scheme payments each financial year to take into account levels of inflation until 2024-25.


Answered by
Andrew Murrison Portrait
Andrew Murrison
This question was answered on 22nd November 2022

Payments under the War Pension Scheme are uprated annually each April, applying the same principles that the Department for Work and Pensions uses for uprating equivalent social security disability benefits. Since 2011 this has been achieved using the Consumer Prices Index (CPI).

Every year annual amendments are made to increase the Armed Forces Independent Payment, which is payable as part of some Armed Forces Compensation Scheme awards, in accordance with the CPI.

For financial year 2023-24, the CPI figure is 10.1 per cent. The CPI figure for 2024-25 will not be confirmed until Autumn 2023.

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