BT brought an action to seek a declaration that the wording in a set of rules for its pension scheme would allow it to move away from RPI as the measure for
uprating pensions.
The court held that RPI had not become inappropriate for the purposes of
uprating pensions under the BT pension scheme.
Not exact matches
The government must review
pensions and benefits each year against increases in prices and
uprate them by at least the same percentage.
12.08 Cameron promises says it will be
uprated by RPI, and that # 1 billion will be put into
pensions over the Parliament.
He said the «triple lock» on state
pensions, which guarantees they are
uprated by a certain level, could be an «early casualty» of a Brexit.
Questions - environment, food and rural affairs Business statement - leader of the House Backbench business - CPI / RPI
pensions uprating Backbench business - Welsh affairs Adjournment debate - treatment of Hazara people in Quetta, Pakistan
Asked to explain the apparent lack of a costing, a Treasury spokesman told FactCheck that a regulatory impact assessment published by the government on 29 November 2006 along with the
Pensions Bill estimated the cost of
uprating the basic state
pension in line with earnings.
Iain Duncan Smith, the work and
pensions secretary, debates the controversial welfare benefits
uprating bill in the House of Commons
The Department for Work and
Pensions has just published an impact assessment for the welfare benefits
uprating bill.
Liam Byrne, the shadow work and
pensions secretary, will speak for Labour in the welfare benefits
uprating bill debate.
The work and
pensions secretary released the figures ahead of next week's
upratings bill is debated in the Commons, when MPs will vote on the government's plans to put the brakes on future benefits increases.
They are more akin to benefits, and indeed there is a direct link between how public sector
pensions and benefits are
uprated with inflation, that people become entitled to by working in the public sector than the sort of claim someone has on a private sector
pension fund.
But I would point out that pensioners have been expensively shielded against inflation by the so - called «triple lock», this government's guarantee that
pensions would be measured against three different indicators each year, and
uprated by whichever is the highest.
In June 2010, separate to the Hutton commission, the government changed the inflation measure used to
uprate public service
pensions.
From April 2011, public service
pensions are
uprated in line with changes in the Consumer Prices Index (CPI), instead of the Retail Prices Index (RPI) as had been the previous policy.