Consumer price indexes
Public Sector Pensions Set for 3.8% Boost, Posing £2 Billion Challenge for Taxpayers
The UK public sector pension scheme is on track to receive a 3.8% increase in funding next year, placing a significant burden on taxpayers, with a projected expenditure of £57 billion this year alone. The boost, tied to the Consumer Price Index (CPI) measure of inflation, will see an