"The pre-Budget report pledge to raise the state pension will not apply to some parts of the pension - potentially saving the Treasury £350m in 2010/11.Surely nobody can be surprised that a Labour Chancellor's official announcement is not entirely accurate, after all they do have "previous".
The Chancellor said the "basic state pension" would rise by 2.5% in April.
But pensions minister Angela Eagle says extras such as the State Earnings Related Pension (Serps) will be frozen.
She says this will prevent "unfairness" between Serps and company pension schemes. But a BBC report says other pension benefits will be frozen too.
Following the revelation by the BBC's Money Box programme, a Department of Work and Pensions (DWP) spokeswoman told the BBC a statement outlining the break-down of pension benefit increases and freezes would be issued on Monday.
Chancellor Alistair Darling gave his pledge in Wednesday's Pre-Budget report that "basic state pension will not be frozen, but will rise by 2.5% in April".
Nowhere did his speech or the hundreds of pages of pre-Budget documents mention the fact that the parts of the state pension which do not count as "basic" would be frozen."
I am not a sheep, I have my own mind
I have had enough of being told what and how to think
Whilst we are still allowed the remnants of free speech,
I will speak out.
I also reserve the right to discuss less controversial matters should I feel the urge.
Pages
▼
Saturday, 12 December 2009
Just like Gordon
Gordon Brown must be so proud of Alistar Darling, afer all his PBR is unravelling almost as quickly as a Gordon Brown budget. Even the BBC have to admit that:
No comments:
Post a Comment
By clicking "Publish your comment" you indemnify NotaSheepMaybeAGoat and accept full legal responsibility for your comments