Switch to CPI measure set to reduce benefits

first_img whatsapp Tags: NULL KCS-content More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com Show Comments ▼ Tuesday 12 October 2010 9:17 pm whatsappcenter_img MILLIONS?of pensioners will feel the pinch from April, when the government switches the measure used to shield them from rising prices.The changes, which will also affect the unemployed and other benefit claimants, will see payments rise in line with inflation as measured by the consumer price index (CPI), as opposed to the retail price index (RPI) or Rossi Index, which are historically much higher.Yesterday’s inflation figures put the CPI at 3.1 per cent in September, compared to 4.6 per cent for the RPI and 4.8 per cent for the Rossi Index. September’s inflation figures are used to calculate benefit rises next April. Jobseeker’s allowance will now rise by £2.05 in April, to £67.50, instead of the £3.15 it would have done under the Rossi Index, which was used to calculate means-tested benefits before the switch. Share Switch to CPI measure set to reduce benefits by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definitionlast_img read more