RPI to CPI Early Day Motion 1032

Sobraon

I can almost feel the cognitive shift people have made in reading the post by KMK which produced no responses over the weekend until Ripoff posted this lunchtime and "broke the spell".


The realisation that "honourable member" is a misnomer and that this fight is not governed by Marquis of Queensberry rules is hard.

BoxerfanUK

It seems there is conflicting information, either that, or some Red Herrings are being chucked about!!! I submitted a request under the freedom of information act. The reply I received was as follows;

Dear Mr ******,


Thank you for your request for information which is copied below.


The Parliamentary Contributory Pension Fund (PCPF) is the pension scheme for Members of Parliament, Ministers and Office Holders.


The PCPF is not part of the House of Commons and not a public authority for the purposes of the Freedom of Information Act. Therefore the information you require is not held by the House of Commons.


However, details of scheme are contained in a library research document. Please see linked document - any uprating to the Parliamentary Contributory Pension Fund, including the supplementary scheme that applies to Ministers and certain office holders, will be based on the CPI.


http://www.parliament.uk/briefingpapers/commons/lib/research/briefings/snbt-05434.pdf


You may, if dissatisfied with the treatment of your request, ask the House of Commons to conduct an internal review of this decision. Requests for internal review should be addressed to: Freedom of Information Officer, Department of HR and Change, House of Commons London SW1A OAA or [URL="mhtml:{D5161DAB-BC4B-4C6C-8820-68D36D713C59}mid://00000044/!x-usc:mailto:foicommons@parliament.uk"]foicommons@parliament.uk[/URL] . Please ensure that you specify the nature of your complaint and any arguments or points that you wish to make.

If you remain dissatisfied, you may appeal to the Information Commissioner at Wycliffe House, Water Lane, Wilmslow, Cheshire SK9 5AF.


Yours sincerely


Bob Castle

Head of Information Rights and Information Security

teacher_retired

At last the truth has emerged in an excellent newsnight report.
In brief Hutton was set up to make the public sector comparable with the private sector.
The fact the cpi is unfair and some public sector were last declared fully funded by the treasury this is what the government is about.
D Cameron some while ago said he wanted to end the existence of the public sector and making it easy for the private sector to replace it is a good start.
I just wish they had been honest in their intentions from the start it is a valid political stance even though I don't agree with it.
Why oh why can't politicians be honest!.

BoxerfanUK

teacher_retired wrote: »

At last the truth has emerged in an excellent newsnight report.
In brief Hutton was set up to make the public sector comparable with the private sector.
The fact the cpi is unfair and some public sector were last declared fully funded by the treasury this is what the government is about.
D Cameron some while ago said he wanted to end the existence of the public sector and making it easy for the private sector to replace it is a good start.
I just wish they had been honest in their intentions from the start it is a valid political stance even though I don't agree with it.
Why oh why can't politicians be honest!.

Yes I saw the newsnight report too, and as you say, at last the REAL REASON has emerged; the relevant requirement in the terms of reference being......

"In reaching its recommendations, the Commission is to have regard to the growing disparity between public service and private sector pension provision, in the context of the overall reward package – including the impact on labour market mobility between public and private sectors and pensions as a barrier to greater plurality of provision of public services"

Link here: http://www.hm-treasury.gov.uk/indreview_johnhutton_pensions_tor.htm

So in effect, the previous government destroyed private pensions so now public sector pensions need to be destroyrd too, so that all is 'fair'!!!!! WHAT A JOKE.

KMK

Been away for a few days so apologies for not providing quote from MP's response as to whether retired MPs' pensions are still linked to RPI.

"Currently MPs' pensions are still linked to RPI"

He then goes on to explain that IPSA will report on the changes to their pensions in 2012 /13 and only at that stage will their pensions be linked to CPI. So they continue to enjoy the higher rate of RPI.

Why was I not surprised? Same old hypocrisy.

Ripoff_2

KMK wrote: »

Been away for a few days so apologies for not providing quote from MP's response as to whether retired MPs' pensions are still linked to RPI.

"Currently MPs' pensions are still linked to RPI"

He then goes on to explain that IPSA will report on the changes to their pensions in 2012 /13 and only at that stage will their pensions be linked to CPI. So they continue to enjoy the higher rate of RPI.

Why was I not surprised? Same old hypocrisy.

The Guardian did an article the other day I believe about MP's pensions and MP's pensions are still linked to RPI as your MP says. Therefore they were uprated by RPI in April. They are fighting any change to their pensions it would appear however I do not have the article to verify this.

ordinaryman

The following is from a report in the 'Daily Telegraph' this evening entitled 'Public Sector Pensions: high earners face bigger rise in contributions' in which it appears that the Coalition have reconsidered the percentage increases to be met by scheme members.

The TUC said it had agreed to extend the negotiations, adding, 'Further talks will take place centrally, and individual unions will be actively considering also participating in scheme level talks in order to fully explore all the issues and to enable unions and their members to reach a judgement on whether agreement is possible or whether more unions will enter into dispute and plan industrial action.'

But here is the interesting bit: The TUC said it was clear, in agreeing to continue negotiations, that unions have not agreed to or accepted any of the Government's objectives or the change in pension indexation from RPI to CPI inflation.

I detect a bit of movement here suggesting that the Government realises that it cannot afford further Public Sector Strikes and may be willing to reach a compromise position. We'll have to wait and see!

Ripoff_2

ALL, the NFOP Judicial Review court hearing will be on October 25th to 27th. A date to mark in your diaries!

The hearing is in London at the High Court and is open to the public.

Goldwing1

BBC news item on their website at http://www.bbc.co.uk/news/business-14370452

Extract; "In the 12 months to the end of June 2011, the combined deficit of the pensions schemes of FTSE 100 companies fell, from £51bn a year ago to £19bn.
The report highlights the beneficial effect for employers of being able, in some cases, to adopt the slower moving CPI, rather than the traditional RPI measure, for inflation proofing."

ExBT_Bob

New government e-petions site now up. Sorry I can't post the link but search e-petitions gov uk

What are e-petitions?

e-petitions is an easy way for you to influence government policy in the UK. You can create an e-petition about anything that the government is responsible for and if it gets at least 100,000 signatures, it will be eligible for debate in the House of Commons.