Benefits building up in the RMPP after 1 April 2018 are normally increased each year in accordance with a policy set by Royal Mail Group. This is based on market conditions from time to time, but the aim is to provide an above inflation increase. We’re pleased to advise that the benefits built up in the Cash Balance fund as at 31 March 2020 for current employees (and those who left since 1 April 2018 – not just those who left since April 2019 as indicated in the printed version of Pensions News) were increased on 1 April 2021 by 1.7%.