Monthly Pension

This is a letter currently being sent sent out by Equiniti.
It explains the basics.

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I've seen a 20% reduction in my pension this month, anyone else experienced this

I dont get mine in the bank until the 9th of the month, thank you for this update as I knew nothing about this and will be checking it very closely! - I have no idea what the caveats are for this and I was wondering if your pension was an immediate pension after a full 22 year career or a pension you only started receiving at 55? - it probably makes no difference but a question that popped into my mind
 
I've seen a 20% reduction in my pension this month, anyone else experienced this

From @kelvin_273's link

Based upon information from other public sector schemes, FPS believes that most of these adjustments will be relatively modest (less than £5 pw). Still very frustrating of course.

At a 20% reduction, you have either been hammered way above the FPS's estimate, or a small pension
 
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