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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.

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Family: Legislative record

2021

10 events
16 Nov 2021 | Bill stage Department for Work and Pensions linked

Social Security (Up-rating of Benefits) Bill

Commons Reasons 15:17:00 Motion A Moved by Baroness Stedman-Scott: That this House do not insist on its Amendment 1, to which the Commons have disagreed for their Reason 1A. 1A : Because Lords Amendment 1 would alter the financial arrangements …

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15 Nov 2021 | Bill stage Department for Work and Pensions linked

Social Security (Up-rating of Benefits) Bill

Consideration of Lords amendments Madam Deputy Speaker (Dame Eleanor Laing): I must draw the House’s attention to the fact that financial privilege is engaged by both Lords amendments. If the House agrees to either Lords amendment, I shall ensure that …

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8 Nov 2021 | Bill stage Department for Work and Pensions linked

Social Security (Up-rating of Benefits) Bill

Third Reading 15:17:00 Motion Moved by The Parliamentary Under-Secretary of State, Foreign, Commonwealth and Development Office and Department for Work and Pensions (Baroness Stedman-Scott): That the Bill do now pass. The Parliamentary Under-Secretary of State, Foreign, Commonwealth and Development Office …

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2 Nov 2021 | Bill stage Department for Work and Pensions linked

Social Security (Up-rating of Benefits) Bill

Report 15:33:00 Clause 1: Up-rating of state pension and certain other benefits following review in tax year 2021-22 Amendment 1 Moved by 1: Clause 1, page 1, line 4, leave out “(1)” and insert “(1)(za) to (c)” Member’s explanatory statement …

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26 Oct 2021 | Bill stage Department for Work and Pensions linked

Social Security (Up-rating of Benefits) Bill

Committee 20:12:00 Clause 1: Up-rating of state pension and certain other benefits following review in tax year 2021-22 Amendment 1 Moved by 1: Clause 1, page 1, line 6, leave out from “if” to end of line 8 and insert …

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13 Oct 2021 | Bill stage Department for Work and Pensions linked

Social Security (Up-rating of Benefits) Bill

Second Reading 16:28:00 Moved by Baroness Stedman-Scott: That the Bill be now read a second time. The Parliamentary Under-Secretary of State, Department for Work and Pensions (Baroness Stedman-Scott) (Con): My Lords, each year the Secretary of State is required by …

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20 Sep 2021 | Bill stage Department for Work and Pensions linked

Social Security (Up-rating of Benefits) Bill

Second Reading Mr Deputy Speaker (Mr Nigel Evans): The reasoned amendment in the name of the right hon. Member for Kingston and Surbiton (Ed Davey) has been selected. 17:31:00 The Secretary of State for Work and Pensions (Dr Thérèse Coffey): …

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20 Sep 2021 | Bill stage Department for Work and Pensions linked

Social Security (Up-rating of Benefits) Bill

Considered in Committee (Order, this day) [Dame Eleanor Laing in the Chair ] The Chairman of Ways and Means (Dame Eleanor Laing): Before I ask the Clerk to read the title of the Bill, I should explain that although the …

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2020

8 events
17 Nov 2020 | Bill stage Department for Work and Pensions linked

Social Security (Up-rating of Benefits) Bill

Report (and remaining stages) 13:30:00 Relevant document: 25th Report from the Delegated Powers Committee Report received. Standing Order 46 having been dispensed with, the Bill was read a third time. Motion Moved by Baroness Stedman-Scott: That the Bill do now …

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27 Oct 2020 | Bill stage Department for Work and Pensions linked

Social Security (Up-rating of Benefits) Bill

Committee 16:32:00 Relevant document: 25th Report from the Delegated Powers Committee Clause 1: Up-rating of state pension and certain other benefits following review in tax year 2020-21 Amendment 1 Moved by 1: Clause 1, page 1, leave out lines 11 …

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13 Oct 2020 | Bill stage Department for Work and Pensions linked

Social Security (Up-rating of Benefits) Bill

Debate before Second Reading 14:32:00 Moved by Baroness Stedman-Scott: That the Grand Committee do consider the Social Security (Up-rating of Benefits) Bill before Second Reading. Relevant document: 25th Report from the Delegated Powers Committee. The Parliamentary Under-Secretary of State, Department …

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1 Oct 2020 | Bill stage Department for Work and Pensions linked

Social Security (Up-rating of Benefits) Bill

Second Reading 14:04:00 The Secretary of State for Work and Pensions (Dr Thérèse Coffey): I beg to move, that the Bill be now read a Second time. I am pleased to introduce the Social Security (Up-rating of Benefits) Bill. It …

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1 Oct 2020 | Bill stage Department for Work and Pensions linked

Social Security (Up-rating of Benefits) Bill

Proceedings resumed (Order, this day) Considered in Committee (Order, this day) [DAME ROSIE WINTERTON in the Chair] The First Deputy Chairman of Ways and Means (Dame Rosie Winterton): Before I ask the Clerk to read the title of the Bill, …

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2013

38 events
25 Mar 2013 | Bill stage Department for Work and Pensions linked

Welfare Benefits Up-rating Bill

Third Reading 15:09:00 Amendment Moved by After Clause 2, insert the following new Clause— “Annual report to Parliament— (1) Within a year of the passing of this Act, and annually thereafter, the Secretary of State shall publish and lay before …

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19 Mar 2013 | Bill stage Department for Work and Pensions linked

Welfare Benefits Up-rating Bill

Report 15:10:00 Clause 1 : Up-rating of certain social security benefits for tax years 2014-15 and 2015-16 Amendment 1 Moved by 1: Clause 1, page 1, line 4, leave out “by 1%” Lord McKenzie of Luton: My Lords, I will …

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19 Mar 2013 | Bill stage Department for Work and Pensions linked

Welfare Benefits Up-rating Bill

Report (Continued) 20:32:00 Amendment 6 Moved by 6: After Clause 1, insert the following new Clause— “Statutory maternity pay Any mandatory 1% up-rating stipulated in section 1(1) shall not apply to statutory maternity pay.” Baroness Sherlock: My Lords, I rise …

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5 Mar 2013 | Bill stage Department for Work and Pensions linked

Welfare Benefits Up-rating Bill

Committee (2nd Day) 16:17:00 Relevant document: 14th Report from the Delegated Powers Committee. Amendment 11 Moved by 11: After Clause 2, insert the following new Clause— “Duty on the Secretary of State Before enactment, the Secretary of State shall lay …

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25 Feb 2013 | Bill stage Department for Work and Pensions linked

Welfare Benefits Up-rating Bill

Committee (1st Day) Relevant document: 14th Report from the Delegated Powers Committee . 15:22:00 Clause 1 : Up-rating of certain social security benefits for tax years 2014-15 and 2015-16 Amendment 1 Moved by 1: Clause 1, page 1, line 4, …

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25 Feb 2013 | Bill stage Department for Work and Pensions linked

Welfare Benefits Up-rating Bill

Committee (1st Day) (Continued) 17:03:00 Amendment 2 Moved by 2: Clause 1, page 1, line 5, at end insert— “(1A) In the case of employment and support allowance receivable by claimants of the support component of the allowance (who receive …

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25 Feb 2013 | Bill stage Department for Work and Pensions linked

Welfare Benefits Up-rating Bill

Committee (1st Day) (Continued) 20:56:00 Amendment 8 Moved by 8: After Clause 1, insert the following new Clause— “Motability Operations leaseholders (1) A person who is— (a) a recipient of a sum or sums specified in subsection (4), and(b) a …

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11 Feb 2013 | Bill stage Department for Work and Pensions linked

Welfare Benefits Up-rating Bill

Second Reading 15:10:00 Moved By Baroness Stowell of Beeston: That the Bill be read a second time. Baroness Stowell of Beeston: My Lords, the Bill before us is about securing a stronger economy for the future. Noble Lords are well …

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11 Feb 2013 | Bill stage Department for Work and Pensions linked

Welfare Benefits Up-rating Bill

Second Reading (Continued) 18:46:00 Lord Brooke of Sutton Mandeville: My Lords, I was never a good enough cricketer to have played all-day cricket before I was 20 but, thereafter, I played it for another 40 years, and I can still …

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21 Jan 2013 | Bill stage Department for Work and Pensions linked

Welfare Benefits Up-rating Bill

Considered in Committee [Mr Nigel Evans in the Chair ] 16:50:00 The First Deputy Chairman of Ways and Means (Mr Nigel Evans): Before I call the first group of amendments I must tell the Committee that the amendments to the …

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8 Jan 2013 | Bill stage Department for Work and Pensions linked

Welfare Benefits Up-rating Bill

Second Reading Mr Deputy Speaker (Mr Nigel Evans): Before I call the Secretary of State to move the Second Reading debate, I inform the House that the amendment has been selected. 14:05:00 The Secretary of State for Work and Pensions …

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2012

1 event