📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

RPI to CPI Early Day Motion 1032

1109110112114115133

Comments

  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Goldwing1 wrote: »
    I wouldn't put anything past this bunch of crooks :mad:


    Pretty harsh I think. Considering what they were left with by the previous lot.

    GB was the 'crook' that raided my pension fund, and shut down a UK sub bank of an icelandic parent by stealing their funds in UK banks.

    Only time will tell if this 'lot' are crooks too.
  • Ripoff_2
    Ripoff_2 Posts: 352 Forumite
    NAR wrote: »
    Increase on ceiling for employer contributions; improved offer for those nearing retirement = very little on table.

    Cannot see RPI/CPI being changed, unless through judicial review.
    Anyone any idea when this is expected by the way.

    About 10 days time I believe, but it could run till December.
  • Ripoff_2
    Ripoff_2 Posts: 352 Forumite
    atush wrote: »
    Pretty harsh I think. Considering what they were left with by the previous lot.

    GB was the 'crook' that raided my pension fund, and shut down a UK sub bank of an icelandic parent by stealing their funds in UK banks.

    Only time will tell if this 'lot' are crooks too.

    This action is the Biggest Theft from pensioners by any Government in living memory, both public and private pensioners are being robbed by this change, but so are state pensioners because they now will recieve only CPI increases in future, if CPI is greater than 2.5% or average wages, they would have had RPI.

    The total stolen runs in to Billions of pounds, it's £83bn alone from the private sector, so they are CON artists and crooks.

    This change is Wrong and we need to fight, and fight hard to put it RIGHT.
  • atush wrote: »
    Pretty harsh I think. Considering what they were left with by the previous lot.

    GB was the 'crook' that raided my pension fund, and shut down a UK sub bank of an icelandic parent by stealing their funds in UK banks.

    Only time will tell if this 'lot' are crooks too.

    Have a read of this

    http://www.newstatesman.com/blogs/the-staggers/2011/09/cpi-rpi-lower-cut-chancellor

    Oh they are crooks alright and Osborne is the Commander in Chief!
  • JohnB47
    JohnB47 Posts: 2,676 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Have a read of this

    http://www.newstatesman.com/blogs/the-staggers/2011/09/cpi-rpi-lower-cut-chancellor

    Oh they are crooks alright and Osborne is the Commander in Chief!

    Thanks for that link to an excellent article. I'm going to copy it and send it to my MP. He may wish to hide behind bland statements produced by some central office in the Treasury but he needs to know that I know that this is a con.
  • viridens
    viridens Posts: 81 Forumite
    edited 2 November 2011 at 8:01PM
    I note there was no mention of the RPI/CPI swindle on either BBC or ITV evening news, even though public sector pensions were a headline item. I do wish that folks (and unions) would wake up
  • Andy_L
    Andy_L Posts: 13,029 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    atush wrote: »
    Pretty harsh I think. Considering what they were left with by the previous lot.

    GB was the 'crook' that raided my pension fund, ....Only time will tell if this 'lot' are crooks too.

    Well seeing as how the last time they were in they Major & Lamont did the same thing as GB I wouldn't be to surprised
  • JohnB47
    JohnB47 Posts: 2,676 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    viridens wrote: »
    I note there was no mention of the RPI/CPI swindle on either BBC or ITV evening news, even though public sector pensions were a headline item. I do wish that folks (and unions) would wake up

    Well, Eddie Mair did raise that in his interview with Francis Maud on todays BBC Radio 4 'PM' programme. The 'honourable member' said that since the RPI to CPI change had already been introduced, it was not open for negotiation. After hearing the interview I contacted the program to ask why Eddie didn't ask, if CPI is 'the most suitable measure of inflation', why then are the pensions of MPs and members of the Bank of England still uprated by RPI?

    Our Prime Ministers recent use of the word 'hypocrite' seems very apt.
  • viridens wrote: »
    I note there was no mention of the RPI/CPI swindle on either BBC or ITV evening news, even though public sector pensions were a headline item. I do wish that folks (and unions) would wake up

    Yes you are right viridens and the report on both channels was disgraceful. They ignored one of the vital core issues i.e. the move from the RPI to the CPI. As we all know, no matter what pension you get you stand to lose between 15% and 25% of it over a lifetime by this Condem robbery. This is not only for public sector pensioners but a vast number of private sector pensioners as well and the news channels should report this.

    However, one Union has got it right. Have a read of the following from the PCS website.

    http://www.pcs.org.uk/en/news_and_events/news_centre/index.cfm/id/4FE40A25-0CAB-43CE-B3514886820BA8A8

    All of you from other Unions and Pensioner organisations should urge them to reflect something similar and make this absolutely clear to the Government.
  • JohnB47 wrote: »
    The 'honourable member' said that since the RPI to CPI change had already been introduced, it was not open for negotiation.

    It's a pity Eddie Mair did not also ask Maude something along the lines of "What negotiation did you carry out before you introduced the change from the RPI to the CPI Minister?"
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.4K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.