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RPI to CPI Early Day Motion 1032

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Comments

  • viridens wrote: »
    Did you see Cameron's gaffe during PMq's yesterday? Just in case we had any doubts about the true intentions of 'pension reform'...
    I captured it here: http://www.mediafire.com/?cy7cuojiyn0o0jx
    And in just one word we get the truth from this bunch of liars. :mad:
  • Another milestone!!

    Count has reached 50,000 :beer:

    http://epetitions.direct.gov.uk/departments/11
  • Half way to 100k signatures as of today, 50,302 to be precise. Well done to everyone but there is still lots more to do, we need to get more signatures and to that end please remember to push the issue when you can. We will make 100k and we will show this Government that we mean business and that we are not going to sit back and be robbed by them.
  • viridens
    viridens Posts: 81 Forumite
    edited 17 September 2011 at 10:06PM
    So we are half way to a debate. I remain worried that there is a dearth of 'friendly' credible MPs stepping forward to champion our cause, probably not helped by our lily-livered labour leader who seems not to share our concerns, or support action to remedy the injustice.

    This matter has already been debated by and nodded through parliament. We need cogent arguments forcefully presented for the RPI to CPI legislation to be reversed, particularly since at every opportunity the government PR machine is branding public sector pensioners as greedy parasites enjoying fat-cat bloated gold-plated pensions, and seems to be encouraging hostility from those who did not contribute to such schemes.

    There's too little about a conniving government re-writing rules retrospectively to rob its honest old folks.

    P.S. Also, I see a clickable link/counter at the top of this page for another epetition. Why not ours? Is that a better cause, or has it simply got more active PR support? I suspect the latter. For example, teaching union ATL clearly have a vested interest but have yet to publicise 'our' epetition on either their website or magazine. Not a massive union, but their membership alone could ensure 100k votes if 80% voted...
  • AndyJ52
    AndyJ52 Posts: 77 Forumite
    Part of the Furniture Combo Breaker
    edited 17 September 2011 at 11:35PM
    ExBT_Bob wrote: »
    BA Pensioners have just elected 3 new Trustees who are committed to restoring RPI indexation! BTPS Section A&B members - get writing!

    The Trustee Directors are:

    Adrian Askew
    David Barford
    Donald MacDonald
    Billy McClory
    Andrew Parker
    Beryl Shepherd
    Paul Spencer CBE (Chairman)
    John Wroe

    Write to them at:
    BT Pension Scheme Trustees Limited
    Lloyds Chambers
    1 Portsoken Street
    London
    E1 8HZ

    Forgive my ignorance on this.... but is this Paul Spencer (my bold type) the same Paul Spencer who is currently (I think!:o) Chairman of the BA schemes?
  • Ripoff_2
    Ripoff_2 Posts: 352 Forumite
    edited 18 September 2011 at 11:19AM
    AndyJ52 wrote: »
    Forgive my ignorance on this.... but is this Paul Spencer (my bold type) the same Paul Spencer who is currently (I think!:o) Chairman of the BA schemes?

    YES I am afraid so. Rod King the previous chairman did the dirty on BT pensioners by not even fighting for RPI with BT and then retired, Paul Spencer then took over, how convenient! I have heard what he said to the BA pensioners.

    I personnally believe, BT, BA and the Gvmt are in league with each other over the RPI to CPI change, I do not believe BT and BA did not have the heads up before the change. Though I can't prove it, it's just my opinion, but to me it really does smell very fishy! BT Pensioners could do with a Guardian journalist to start digging on this!
  • Do I detect a chink of light here
    http://www.guardian.co.uk/business/2011/sep/18/cpi-review-benefits-pensions-office-national-statistics?CMP=twt_fd

    Office for National Statistics agrees to review use of CPI in benefit calculations

    But do you trust them?

    Lets get that 100k plus signatures first and then take it from there because clearly as we have been saying for months, CPI IS NOT FIT FOR PURPOSE and does not represent pensioner inflation.
  • viridens
    viridens Posts: 81 Forumite
    edited 18 September 2011 at 4:18PM
    Ripoff

    Thanks for the link. An interesting article, and maybe progress.
    However, a modified CPI or some new measure is still unlikely to match RPI, and such 'being seen to be doing something' action will help government in debates, deflect legal challenges etc. and generally delay, dilute or wrong-foot opposition.

    I certainly intend to keep up the fight for proper restoration of RPI linkage, as stated in my scheme rules.
  • Ripoff_2
    Ripoff_2 Posts: 352 Forumite
    edited 19 September 2011 at 4:20PM
    viridens wrote: »
    Ripoff

    Thanks for the link. An interesting article, and maybe progress.
    However, a modified CPI or some new measure is still unlikely to match RPI, and such 'being seen to be doing something' action will help government in debates, deflect legal challenges etc. and generally delay, dilute or wrong-foot opposition.

    I certainly intend to keep up the fight for proper restoration of RPI linkage, as stated in my scheme rules.

    I totally agree with you, hence why I said "Do you trust them" I certainly do not. WE must keep up the fight for RPI restoration.

    If they want to offer pensioners a better index than RPI that truly reflects pensioner inflation because we all know that even RPI is below pensioner inflation then I'm OK with that but do I believe they will? NO I don't!
  • If we all Copied and Pasted this information and emailed it to ALL our contacts and ask them to do the same. Then more people would see this article, the more the better. Spread the word is the action here!

    RPI to CPI Robbery, why you need to act!

    This is worth a read
    [URL="mhtml:{6EF71D81-FCE8-447B-947D-380BDD9A9C3B}mid://00000056/!x-usc:http://www.newstatesman.com/blogs/the-staggers/2011/09/cpi-rpi-lower-cut-chancellor"]http://www.newstatesman.com/blogs/the-staggers/2011/09/cpi-rpi-lower-cut-chancellor[/URL]

    THESE ARE THE WORDS OF THE NEW STATESMAN from the article above, See attached link above.

    1) The switch to CPI is the biggest single stealth move by a chancellor in recent memory.

    2) Cumulatively, prices under the RPI have risen 53.6 per cent since 1996 and by 35.6 per cent on the CPI.

    3) But amidst all the back and forth over "RPI versus CPI", there remains an awkward truth for the CPI gang: the reason the CPI is a poor measure of the cost of living is that was never intended to be one. It was invented by statisticians as a macroeconomic tool, not least for use by central banks, that would give a comparable measure of price-changes across different countries. In fact, the reason the CPI excludes certain important costs related to housing (unlike the RPI) is not that they're unimportant, but that European countries couldn't agree on a comparable way of measuring them.

    THREE very good reasons why people, workers and pensioners should sign the e-petition at [URL="mhtml:{6EF71D81-FCE8-447B-947D-380BDD9A9C3B}mid://00000056/!x-usc:http://epetitions.direct.gov.uk/petitions/1535"]http://epetitions.direct.gov.uk/petitions/1535[/URL] WE need over 100k to do so.

    THREE very good reasons why everyone should fight this change and lobby their MP, write with these facts.

    THREE very good reasons why you should send this Email around your friends and family. Tell all you can. Spread the word when ever you can.

    THREE very good reasons why RPI should be restored because YOU are being robbed and cheated out of thousands of pounds, not only in benefits and pensions but also in tax allowances.


    PLEASE as a first step sign the e-petition!
    [URL="mhtml:{6EF71D81-FCE8-447B-947D-380BDD9A9C3B}mid://00000056/!x-usc:http://epetitions.direct.gov.uk/petitions/1535"]http://epetitions.direct.gov.uk/petitions/1535[/URL]

    CAN YOU AFFORD NOT TO?

    Thank You
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