State Pension Increases

[mosssideblue]

With CPI currently sat at around 8%, am I right in thinking state and other Government pensions are set for the same increase (assuming CPI remains the same in Sept)?

 

[Kompany Car]

Yep the triple lock should guarantee it rises by whatever CPI is in Sept. Obviously the rise won’t be until Apr 2023.

 

[Mazzarelli's Swiss Cheese]

They'll probably invent another measurement of inflation - maybe linked to wage increases!

 

[stonerblue]

With CPI currently sat at around 8%, am I right in thinking state and other Government pensions are set for the same increase (assuming CPI remains the same in Sept)?

Triple fucking lock .Your e laughing

 

[BerkshireBlue]

depends if the tories want any seats in the next parliament or not

 

[mosssideblue]

Triple fucking lock .Your e laughing

Sorry mate, I'm ignorant about that, so not sure what you're saying

 

[abu13]

I think this triple lock will count for fuck all this year, they will quote exceptional circumstances and I suspect it will increase by maybe 3% to 4%.

 

[flook]

I think this triple lock will count for fuck all this year, they will quote exceptional circumstances and I suspect it will increase by maybe 3% to 4%.

they did that last year, difficult to see how it could be "exceptional" twice in a row, in fact, this year makes last year look like it wasn't exceptional, so you could argue for a back-dated boost to last years increase.

Meanwhile, back in reality :/

 

[mosssideblue]

they did that last year, difficult to see how it could be "exceptional" twice in a row, in fact, this year makes last year look like it wasn't exceptional, so you could argue for a back-dated boost to last years increase.

Meanwhile, back in reality :/

So basically, CPI only invoked if it's a number the Government like. Might as well scrap it then

 

[Corky]

they did that last year, difficult to see how it could be "exceptional" twice in a row, in fact, this year makes last year look like it wasn't exceptional, so you could argue for a back-dated boost to last years increase.

Meanwhile, back in reality :/

The pension increase has always got inflation since triple lock, the rise in April was double lock as excluded wage increases they were massive due to coming out of furlough.