Consultation on the use of the CPI in private sector pension schemes

Close date: 2 March 2011

The Government consults on the impact of using the consumer prices index (CPI) as the measure of price increases in private sector occupational pension schemes. It seeks views on whether or not to pass legislation to enable schemes to adopt the CPI as their preferred measure and to avoid schemes paying the higher of the CPI or the retail prices index. The Government also proposes amending the obligation on employers to consult with their employees before making important changes to their pension scheme.
Consultation document: The impact of using CPI as the measure of price increases on private sector occupational pension schemes (PDF format, 147K) (on the DWP website)
Government response: Government response to consultation - the impact of using CPI as the measure of price increases on private sector occupational pension schemes (PDF format, 92K) (on the DWP website)