Civil Service Pensions
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MouldyOldDough
Posts: 1,822 Forumite
What will be next years pension rise?
And also what about PIP
10%? CPI can't see that happening
And also what about PIP
10%? CPI can't see that happening
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Comments
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Unless the government changes legislation civil service pensions should rise by the September 2022 CPI figure.
Don't know about PIP legislation but the September 2021 CPI figure looks to have been used this year so may well be the same next year.
https://www.legislation.gov.uk/uksi/2022/292/article/16/made1 -
The government will no doubt fudge the true figures by September making them less0
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I think the Civil Service pension uprate is almost certain to happen as planned. The government surely have enough strikes going on without reopening that issue.0
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What Government?0
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MouldyOldDough said:The government will no doubt fudge the true figures by September making them less
It's the Office for National Statistics role to calculate inflation.
But the government could of course choose to change the legislation.
Maybe they have bigger fish to fry though just now.4 -
It is not like with the State Pension where the wage inflation figure was not a true reflection of the situation so they had a bit of wiggle room although they could have handled it better and used the ONS figure that was a true reflection. I doubt they could carry off a legislation change that major without mass walkouts, after all it affects future pensioners as well.
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MouldyOldDough said:The government will no doubt fudge the true figures by September making them less
I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.7 -
dunstonh said:MouldyOldDough said:The government will no doubt fudge the true figures by September making them less0
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MX5huggy said:What Government?0
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MouldyOldDough said:The government will no doubt fudge the true figures by September making them less0
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