Forum for former BBC staff

Forum for former BBC staff
http://www.ex-bbc.net/cgi-bin/yabb/YaBB.pl >> Pensions >> RPI 1.2%-announced 16/1 http://www.ex-bbc.net/cgi-bin/yabb/YaBB.pl?num=1453203058 Message started by Annual Increment on Jan 19^th, 2016, 11:31am

Title: RPI 1.2%-announced 16/1
Post by Annual Increment on Jan 19^th, 2016, 11:31am

Pensions "rise for this year is 1.2% .

Title: Re: RPI 1.2%-announced 16/1
Post by JonW on Nov 15^th, 2016, 5:26pm

I wonder how long the BBC will continue to use RPI for annual pension increases.

I notice that RPI has been removed by ONS as an 'official' measure of inflation.

This month , October, RPI was 2 % but the ONS 'equivalent' was 1.2 %

I'm sure in these straightened times the BBC would ditch RPI if it could get away with it.

Title: Re: RPI 1.2%-announced 16/1
Post by Dickie Mint on Nov 15^th, 2016, 8:35pm

There was a rumour that the government was thinking of forcing Pension Schemes to abandon RPI.

This article shows just how out of touch the CPI is! I mean stockbroker fees?

It looks like the government will be revising the triple lock on State Pensions after the next Election.

Guardian.

Title: Re: RPI 1.2%-announced 16/1
Post by chris west on Nov 16^th, 2016, 11:03am

It would be interesting to see how the government could force a pension scheme - the BBC's - to abandon a measure that is an integral part of the agreement. Even if that measure doesn't offcially exist any more. Anyone out there with a far better grasp of the legal implications than me?