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dipsydoodle

(42,239 posts)
Tue Mar 20, 2012, 06:21 AM Mar 2012

Pension switch challenge is lost

Trade unions have lost an appeal against a change in the way public sector pensions are protected against inflation.

The High Court ruled in December that the government's switch in calculations was lawful.

Trade unions had complained about how the Consumer Prices Index (CPI) was replacing the faster-rising Retail Prices Index (RPI) to uprate pensions.

Now they have lost the latest stage of their challenge at the Court of Appeal.

http://www.bbc.co.uk/news/business-17444656

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