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Retail Price Index (RPI) to Consumer Price Index (CPI)

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TrueBlueTerrier
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Retail Price Index (RPI) to Consumer Price Index (CPI)

Post by TrueBlueTerrier »

Letter to Branches





No. 1029/11
Ref: GS: 13.0
Date: 05/12/11



To All Branches

Dear Colleagues,

Retail Price Index (RPI) to Consumer Price Index (CPI)

Branches may have seen a report in the media on Friday concerning the High Court challenge with respect to the Government’s decision to move from RPI to CPI for the payment of benefits and indexation of pensions.

The decision of the High Court was “That the Government had the power to switch from the Retail Price Index (RPI) to Consumer Price Index (CPI, despite the negative long-term impact this would have on occupational pensioners.

If you would like to read the press release that the National Federation of Occupational Pensioners (NFOP) have sent out jointly with the Civil Service Pensioners’ Alliance (CSPA) please follow the link N.F.O.P Press release 2nd December 2011

If you would like to read the summary of the report of the judgment, please click here

A hard copy of the press release and report of the judgement will be sent out with the LTB which goes out in the Branch Mailing.

The indications are that there will be an appeal to the Supreme Court. When further details emerge, Branches will be documented.

Any enquiries on this LTB should be addressed to the General Secretary’s office quoting
Reference GS 13.0

Yours sincerely


W HAYES
General Secretary
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