Showing posts with label UK Pensions. Show all posts
Showing posts with label UK Pensions. Show all posts

02/12 Pension switch ruled lawful by High Court



Matt Wrack, General Secretary of the Fire Brigades Union says "this measure is about putting more money in George Osborne's coffers"
The government's public sector pensions policy has been given a major boost following a High Court ruling.
Trade unions had complained about how pensions are being protected against inflation, with the Consumer Prices Index (CPI) replacing the faster-rising Retail Prices Index (RPI).
The High Court has now ruled that the government's switch was lawful.
The decision affects the value of pension increases for millions of public sector pensioners.