Tuesday, 25 May 2010

Spot the difference: Pensions/Earnings links delayed?

Thursday May 20 – Coalition Agreement launch
We will restore the earnings link for the basic state pension from April 2011.
Tuesday May 25 – Queen’s Speech
The main benefits of the Bill would be to help ensure the future affordability of the State Pension, including the restoration of the link between earnings and the basic State Pension from 2012.
12.15pm: No-one at the Department for Work and Pensions is available to explain this at the moment. They are all in a meeting, apparently.

12.20pm UPDATE: DWP are now saying that the 2012 figure is wrong, and shouldn't have been in the Queen's Speech notes. Asked if it would actually happen in 2011, a spokesman said "that is what it says in the coalition agreement".
Not a great typo to have made though.

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