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Public sector pensions - cpi instead of rpi

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  • DCodd
    DCodd Posts: 8,187 Forumite
    Combo Breaker First Anniversary
    edited 2 December 2011 at 10:54AM
    ILW wrote: »
    They are not net taxpayers, they use taxpayers money to pay their taxes with.
    That does not make sense. Everbody uses taxpayers money to pay their taxes with.

    Taxpayers spend their money in the economy, which funds all the jobs. I think what you meant was that the Government uses the tax revenues to fund the public services which is, as far as I know the only feasible method of doing so?
    Always get a Qualified opinion - My qualifications are that I am OLD and GRUMPY:p:p
  • worldtraveller
    worldtraveller Posts: 14,012 Forumite
    First Post Photogenic First Anniversary Combo Breaker
    edited 2 December 2011 at 12:52PM
    The Trades Union Congress’ High Court challenge over the government’s decisions to switch to the consumer price index from the retail price index has failed.

    The judicial review decision announced today found the government’s decision to switch the indexing of pensions from the retail prices index (RPI) to the consumer prices index was legal.

    FT Adviser
    There is a pleasure in the pathless woods, There is a rapture on the lonely shore, There is society, where none intrudes, By the deep sea, and music in its roar: I love not man the less, but Nature more...
  • Aberdeenangarse
    Aberdeenangarse Posts: 1,258 Forumite
    Name Dropper Part of the Furniture 1,000 Posts Combo Breaker
    worldtraveller wrote: »
    The Trades Union Congress’ High Court challenge over the government’s decisions to switch to the consumer price index from the retail price index has failed.

    The judicial review decision announced today found the government’s decision to switch the indexing of pensions from the retail prices index (RPI) to the consumer prices index was legal.

    FT Adviser

    Quite right too. Common sense has prevailed.
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