JR
John Roberts
@johnactuary.bsky.social
Worn out and retired actuary after 40 years in the profession.
346 followers52 following89 posts
Today's earnings figures means the #BasicStatePension increase next April will likely be 4%, almost twice the current CPI inflation rate, continuing the pattern whereby it increases faster than both prices and earnings over time. 1/
Even before next year's increase, this table shows how the cherry-picking aspect of the #TripleLock means the BSP inevitably increases faster than both prices and earnings over time. 2/
JR
John Roberts
@johnactuary.bsky.social
Worn out and retired actuary after 40 years in the profession.
346 followers52 following89 posts