Northumbrian Water: Court rules on conditional increases – Pensions Barrister
‘The High Court has today [3rd August] handed down judgment in Northumbrian Water Ltd v Northumbrian Water Pension Trustees Ltd [2026] EWHC 1952 (Ch). The case concerned rules guaranteeing annual pension increases in line with RPI up to 5%, with any excess payable where the trustee considered, after consulting the scheme actuary, that this could be done without increasing the employer’s ordinary annual contributions. The disputed excess increases affected some 2,000 members and had an estimated value of about £26 million.’
Pensions Barrister, 3rd August 2026
Source: www.pensionsbarrister.com

