NEW 2.5% INFLATION DEAL AGREED FOR PRE-1997 PENSIONS
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MPS SPEAK OUT ABOUT UNFAIR TREATMENT OF PENSIONERS IN DEFINED BENEFIT SCHEMES
In a recent House of Commons debate on private pensions schemes, Alistair Carmichael, MP for the Shetlands and the Orkneys, criticised some major employers in the UK for failing to pay their pensioners discretionary inflationary increases for their pre-1997 service. Carmichael, whose constituency includes companies such as BP, Shell and...
Read More >>Letter to MPs – Pensions Earned Pre-1997 – fair annual cost of living increases for pensioners are needed
Dear XXXXXX Date MP for XXXXXXXXXXXXX I write to seek your support for our campaign to achieve fair annual cost of living increases for elderly pensioners whose incomes are hugely impacted by inflation. These are the thousands of members of UK defined...
Read More >>Reply to PRG on behalf of the Minister for Work and Pensions
From: Ministerial Correspondence, Caxton House, Tothill Street, LONDON SW1H 9DA www.dwp.gov.uk ministers@dwp.gov.uk Our Ref: TO2024/12322 19 February 2024 Dear Ms Dean, Thank you for your email of 9 February to the Minister for Pensions about the Reuters Pension Scheme. Government Ministers receive a large volume of correspondence and they are...
Read More >>Why have the net assets of RPF fallen significantly in 2022?
Sharp-eyed pensioners were concerned when they spotted that Reuters Pension Fund assets had dropped by more than a billion pounds between 2021 and 2022. The latest accounts show a 39% drop in assets from 2.8 billion pounds to 1.7 billion. This information is from the Reuters Pension Fund Website –...
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