Forum for former BBC staff

Forum for former BBC staff
http://www.ex-bbc.net/cgi-bin/yabb/YaBB.pl >> Pensions >> Time for a Triple lock agreement for BBC Pensions http://www.ex-bbc.net/cgi-bin/yabb/YaBB.pl?num=1423820452 Message started by Annual Increment on Feb 13^th, 2015, 9:41am

Title: Time for a Triple lock agreement for BBC Pensions
Post by Annual Increment on Feb 13^th, 2015, 9:41am

Under the governments Triple lock pension guarantee scheme-those entitled to a State Pension can look forward to a 2.5% this spring. Generous?
Is it time for the BBC Trustees to look at a similar arrangement for BBC Pensioners?
Apply the Triple lock formula (plenty of info available on that) for all BBC Pensioners using the CPI as a benchmark. That figure would then be the pension rise for that year.
In summary -you get a minimum( maybe more?) of CPI 2.5% rather than the current actual of RPI 1.6%. The Government would surely be pleased that the BBC is conforming to their CPI ideal. BBC Pensioners would be pleased that their pensions are properly inflation locked.