Skip to main content

Proceeding contribution from Oliver Heald (Conservative) in the House of Commons on Thursday, 23 February 2012. It occurred during Debates on delegated legislation on Pensions and Social Security.


Pensions and Social Security

I am grateful to the Minister for being so generous with his time. Does he agree that some quite significant changes are taking place in the hierarchy of indexes that can be used for uprating? For example, earnings, which was always thought to be by far the highest measure, is at the moment the lowest measure. In addition, changes in the housing market have affected the CPI and RPI differential. It is therefore a moving picture. It is not as straightforward as saying, ““History tells the whole story.””


Secondary information

Type
Proceeding contribution
Reference
540 c1042 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Benefits rules Index linking Workplace pensions Pensions Social security benefits State retirement pensions Reform Uprating
Legislation
Social Security Benefits Up-rating Order 2012
Guaranteed Minimum Pensions Increase Order 2012
Pensions Act 2008 (Abolition of Protected Rights) (Consequential Amendments) (No. 2) (Amendment) Order 2012
Link
View this Proceeding contribution on www.publications.parliament.uk