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Old 10th February 2011 | 12:24
  #1654 (permalink)  
Dan Dare
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Joined: May 2000
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From: SE England
Having accepted a less than RPI rise last time round then we should not accept less than RPI again. Don't forget that anything more than RPI + 0.5% is no longer pensionable. It would have a knock-on affect for the rest of our lives!

If we believe official government RPI figures they can be found here

They show that we would need an unconditional increase of 6.8% just to stay level with our 2008 real buying power.

If they insist on a multi-year deal then anything less than RPI + 0.5% with no strings attached to help redress the previous loss would still be a slap in the face.
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