Pension switch ruled lawful by High Court

[dipsydoodle]

The government's public sector pensions policy has been given a major boost following a ruling at the High Court.

Trade unions brought a judicial review of the way Consumer Prices Index (CPI) was now being used instead of the faster-rising Retail Prices Index (RPI) for pensions inflation proofing.

The High Court has ruled that the government's switch was lawful.

The decision affects the value of pension increases for millions of public sector pensioners.

http://www.bbc.co.uk/news/business-15999970