Public sector pensions - cpi instead of rpi 24 June 2010 at 6:44PM in Pensions, annuities & retirement planning 113 replies 29.7K views

DCodd

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?

worldtraveller

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

Aberdeenangarse

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.