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RPI to CPI Early Day Motion 1032

1104105107109110133

Comments

  • Ripoff_2
    Ripoff_2 Posts: 352 Forumite
    viridens wrote: »
    I have placed a notice in the window of my local Post Office (and I wasn't charged!) to publicise the epetition.

    On a related note, Govt is to cease funding half-price concessionary fares on National Express coaches for over 60's. See my post here: https://forums.moneysavingexpert.com/discussion/comment/46306009#Comment_46306009

    What a fantastic idea, lets ALL do the same up and down the country, pop a notice in your local shop, Post Office, Tesco and Asda do free ads also, we need to get the message out there and this is just another way of doing that. People power can and will work but it takes us all to make that effort and actually take action like Viridens has done, what a positive move. Any more ideas of how to get the message out to the people that need to sign? is most welcome.

    The count now stands at 17,107 today 23rd Aug at 14:30
  • Ripoff_2
    Ripoff_2 Posts: 352 Forumite
    Internet Direct Transfer now available to make a donation to one of the fighting funds. The National Federation of Occupational Pensioners (NFOP) is urging all those affected by the Government’s decision to switch to the CPI for pension increases to help us join in the legal battle against this injustice. You can donate via cheque (made out to the National Federation of Occupational Pensioners) or by a direct transfer to Sort Code 40-30-32, Account Number 02324679. Thank you
  • Ripoff wrote: »
    The epetition is at
    [URL="mhtml:{6EF71D81-FCE8-447B-947D-380BDD9A9C3B}mid://00000021/!x-usc:http://epetitions.direct.gov.uk/petitions/1535"]http://epetitions.direct.gov.uk/petitions/1535[/URL]

    In case you are not aware, please note that in order for your signature to be validated, the site returns an email with a link to click, so make sure you give a correct email address and then go back into your emails to click the link otherwise your entry is not valid.

    The battle has begun again and we need everyone to spread the word, lets hit well above the 100k target!!!

    I expect the Government will dump it along with the one for bringing back hanging :rotfl:
  • teacher_retired
    teacher_retired Posts: 63 Forumite
    edited 23 August 2011 at 6:28PM
    I expect the Government will dump it along with the one for bringing back hanging :rotfl:
    Still with us. You're keen.:cool:
  • Ripoff_2
    Ripoff_2 Posts: 352 Forumite
    Total signatures as of today Thursday 25th at 18:30 is 23,305 but we need lots more!!
  • Ripoff_2
    Ripoff_2 Posts: 352 Forumite
    This is an excellent site for showing exactly what we have been saying for months now http://www.straightstatistics.org/article/rpi-vs-cpi-row-goes and it is easily put in that most non financial people can understand what we have been saying. WE are being cheated and robbed and the proof is here to see.
  • Interested_Taxpayer
    Interested_Taxpayer Posts: 116 Forumite
    edited 26 August 2011 at 8:02PM
    Friday 26 August 15.57

    Count has reached 25,000 :j

    http://epetitions.direct.gov.uk/departments/11

    Steve Webb MP, Lib Dem Pensions Minister. I hope you are watching this!
  • Interested_Taxpayer
    Interested_Taxpayer Posts: 116 Forumite
    edited 28 August 2011 at 5:00PM
    PCS and Prospect now have information and a link to the petition on the front page of their web sites.

    http://www.pcs.org.uk/

    http://connect.prospect.org.uk/connect_public/home.asp

    I have written to the TUC asking them to alert all of their constituent unions to the petition and inturn suggesting they provide a link in a prominent place on their web sites.

    I have also written again to my MP asking her to advise the many private and public sector pensioners in her constituency who have written to her about their concern over the RPI to CPI robbery that this petition is available.

    How do we get to the state pensioners?
  • Ripoff_2
    Ripoff_2 Posts: 352 Forumite
    PCS and Prospect now have information and a link to the petition on the front page of their web sites.

    http://www.pcs.org.uk/

    http://connect.prospect.org.uk/connect_public/home.asp

    I have written to the TUC asking them to alert all of their constituent unions to the petition and inturn suggesting they provide a link in a prominent place on their web sites.

    I have also written again to my MP asking her to advise the many private and public sector pensioners in her constituency who have written to her about their concern over the RPI to CPI robbery that this petition is available.

    How do we get to the state pensioners?

    Excellent stuff, many state pensioners don't understand that this affects them also, the Gvmt will argue that they are going to introduce the triple guarantee etc... but fail to say that existing pensioners will not be covered by the new state pension and that the switch to CPI really does impact on existing pensioners to the same degree as ourselves. It's a stealth tax that people just fail to understand the full implications of. The best way to get to state pensioners I would suspect is Saga and Age UK as these are both very large pension organisations of which many members will be state pensioners.
  • Dominic9
    Dominic9 Posts: 35 Forumite
    many state pensioners don't understand that this affects them also, the Gvmt will argue that they are going to introduce the triple guarantee etc... but fail to say that existing pensioners will not be covered by the new state pension
    The change to uprating of Basic State Pension (commonly referred to as triple-lock or triple guarantee) to be the best of CPI, earnings or 2.5% affects existing pensioners. It is the proposed universal payment of £140 that would not extend to existing pensioners.

    So previously Basic State Pension (BSP) and Additional Pension (AP) were uprated by RPI. Now BSP is uprated by best of earnings, CPI and 2.5% whereas AP is uprated by CPI.

    The net impact for an individual will depend on the amount of AP they have, but in general you would expect the gain from the earnings (or better)-linked BSP to outweigh the loss of AP from the move from RPI to CPI .

    There is of course the political dimension to consider, ie that uprating may well change again in the future (a cynic may think that this would be especially likely when earnings start to outpace CPI and the triple-lock becomes costly)
    and that the switch to CPI really does impact on existing pensioners to the same degree as ourselves.
    The change to State Pension uprating for existing pensioners is in most cases positive.

    Existing pensioners certainly aren't as badly affected as those with non-State pensions which have changed indexation and/or revaluation.

    Although replacing CPI with RPI in the triple-lock uprating and changing AP uprating back to RPI would advantage pensioners, assuming the triple-lock remained otherwise unchanged.
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