Pensions Increase (Review) Order 2011

EDM number 1629 in 2010-12, proposed by Edward Miliband on 17/03/2011.
Categorised under the topic of Pensions.

That this House considers that the Pensions Increase (Review) Order 2011 (S.I., 2011, No. 827) which was laid before this House on 17 March 2011 should be withdrawn because the Order requires the uprating of public sector pensions using the consumer price index, replacing the retail price index which the Government has indicated will be a permanent change; notes that the Government has refused to heed arguments that a temporary three year change to the index used would represent a fair contribution from benefits and pension recipients, at a time when wage growth generally is suppressed, to reducing the deficit whilst not unfairly impacting on their incomes over the longer term; but regrets that the Government has instead indicated that the change is permanent, leaving public sector workers and the poorest in society disadvantaged permanently, yearafter year, even once the deficit is gone and earnings growth has returned.

This motion has been signed by a total of 94 MPs.