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retrospective pension changes

Submitted on Thursday 4th August 2011

Published on Monday 8th August 2011

Current status: Closed

Closed: Wednesday 8th February 2012

Signatures: 25

Petition Action

retrospective pension changes

Additional Information

stop changes which propose to reduce accrued pension rights. section 67 of the 1995 pension acts is supposed to prevent this but it does not. changes to rights of private/company schemes should not be allowed. confidence in saving for old age is at an all time low and the changes proposed, for example RPI to CPI, should not be retrospective. the number of changes currently taking place, including increases in the state pension age, are confusing and reducing confidence all the time. planning for old age is now impossible!


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