MarjorieR on Nostr: npub1g0tuf…3tvm4 they did something similar with the pension triple lock during ...
npub1g0tuf634rz4suczwj7kgnecr6cyt0eu9xmp3sp0fku68mqehq4msp3tvm4 (npub1g0t…tvm4) they did something similar with the pension triple lock during lockdown, but there was an excuse for that as the increase in pay used in that formula was biased upwards as lots of lower paid people weren't employed then.
Changing the reference month for inflation for the benefits calculation is however inexcusable, as in this case effectively they are trying to exclude from the inflation calculation the month when fuel prices jumped the year before.
Published at
2023-11-19 10:58:00Event JSON
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"content": "nostr:npub1g0tuf634rz4suczwj7kgnecr6cyt0eu9xmp3sp0fku68mqehq4msp3tvm4 they did something similar with the pension triple lock during lockdown, but there was an excuse for that as the increase in pay used in that formula was biased upwards as lots of lower paid people weren't employed then.\n\nChanging the reference month for inflation for the benefits calculation is however inexcusable, as in this case effectively they are trying to exclude from the inflation calculation the month when fuel prices jumped the year before.",
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