Because the point at which the money is paid is not the point at which inflation is measured, so when people actually get the money it will be substantially more than the inflation since the last increase.
Pensions and Social Security
Proceeding contribution from
Steve Webb
(Liberal Democrat)
in the House of Commons on Thursday, 23 February 2012.
It occurred during Debates on delegated legislation on Pensions and Social Security.
About this proceeding contribution
Reference
540 c1044Session
2010-12Chamber / Committee
House of Commons chamberSubjects
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2023-12-15 18:37:57 +0000
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