MSE News: State pension to rise by at least 2.5% next April

Today's inflation announcement means the basic state pension will rise by at least 2.5% next April...
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State pension to rise by at least 2.5% next April

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  • edited 13 October 2015 at 12:36PM
    OblivionOblivion Forumite
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    edited 13 October 2015 at 12:36PM
    Some consolation I suppose, but with September's manipulated CPI at a negative -0.1% there won't be much good cheer for those of us receiving public service pensions next year, or indeed for anyone else whose work pension receives CPI increases. :(
    ... Dave
    Happily retired and enjoying my 14th year of leisure
    I am cleverly disguised as a responsible adult.
    Bring me sunshine in your smile
  • Oblivion wrote: »
    Some consolation I suppose, but with September's manipulated CPI at a negative -0.1% there won't be much good cheer for those of us receiving public service pensions next year. :(

    You're brave, daring to mention ''public service pensions'' :D.
  • jem16jem16 Forumite
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    Oblivion wrote: »
    Some consolation I suppose, but with September's manipulated CPI at a negative -0.1% there won't be much good cheer for those of us receiving public service pensions next year, or indeed for anyone else whose work pension receives CPI increases. :(

    Or even worse - those people in receipt of a pension related to CPI increases but who don't yet receive the state pension.
  • OblivionOblivion Forumite
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    You're brave, daring to mention ''public service pensions'' :D.


    It's ok, I'm wearing my Kevlar thermals. :D
    ... Dave
    Happily retired and enjoying my 14th year of leisure
    I am cleverly disguised as a responsible adult.
    Bring me sunshine in your smile
  • And people who have RPI linked pensions (as I will next year) can smile!
  • jem16jem16 Forumite
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    What's the RPI rate that is making you smile?
  • Pensions should be linked to MP's salary rises, they should rise by exactly double what the MP's get.
  • 0.8% according to ONS.
  • OblivionOblivion Forumite
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    torbrex wrote: »
    Pensions should be linked to MP's salary rises, they should rise by exactly double what the MP's get.


    Audience-clapping.gif
    ... Dave
    Happily retired and enjoying my 14th year of leisure
    I am cleverly disguised as a responsible adult.
    Bring me sunshine in your smile
  • gadgetmindgadgetmind Forumite
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    Again the unwise reference to "flat rate" pensions, and "no less than", when it's actually single tier and can be less than!
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
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