23 Jan 2013
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Explanatory notes
Department for Work and Pensions
linked
Retail Prices Index (RPI) Reform
HM Treasury is reforming the Retail Prices Index (RPI) methodology and establishing an 'Uprating Guarantee' to ensure consistent annual uprating of benefits and pensions using a stable measure such as prices. The reform addresses uncertainty in how benefits are uprated year-to-year and aims to implement consistency from financial year 2025–26 onwards.
2 Jan 2013
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Impact assessment
Department for Work and Pensions
linked
Welfare Benefits Up-rating Act 2013 — Impact Assessments: Impact Assessment
20 Dec 2012
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Explanatory notes
Department for Work and Pensions
linked