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Proceeding contribution from John McDonnell (Labour) in the House of Commons on Thursday, 1 March 2012. It occurred during Backbench debate and e-petition debate on CPI/RPI Pensions Uprating.


CPI/RPI Pensions Uprating

In the representations that I have received, even when there is a pension fund, as with the teachers' scheme, when they are desperately seeking revaluation and when it seems completely sustainable, members of the pension fund cannot understand the increased contributions and the shift from RPI to CPI. The accusation that is being made goes to the heart of my hon. Friend's point about trust. These people feel that they have been mis-sold a pension scheme based on the information they were given by successive Governments about what they would receive in the end.


Secondary information

Type
Proceeding contribution
Reference
541 c464-5 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Civil service Judgements Local government NHS Police Workplace pensions Public sector Teachers Uprating Retail prices index Consumer prices index
Link
View this Proceeding contribution on www.publications.parliament.uk