Done down under.
Author | Tilley, James |
Position | Letters - Letter to the editor |
[ILLUSTRATION OMITTED]
It was interesting to read about the role performed by CIMA member Howard Orme at the Department for Work and Pensions (One2one, February). Many members who have worked in the UK and retired abroad receive pensions from his department. I represent over 8,000 people in an angry group that's part of a collective of more than 500,000 people fighting in the European Court of Human Rights to force the government to index our state pensions and treat us the same as it does the 500,000 expats retired abroad in the 40-plus countries where the UK pension is indexed.
It amazes us that the government maintains that it can't afford to pay a mere 440m [pounds sterling] to index our pensions, when its latest actuary's report states that the national insurance account generates a surplus of many billions of pounds annually--the forecast for 2008-09 is 10.9bn [pounds sterling]. Over the next five years the aggregate forecast surplus amounts to 68.6bn [pounds sterling]...
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