CALCULATING PRICE INDEX

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Conference
2008 Retired Members' Conference
Date
24 June 2008
Decision
Carried as Amended

Conference believes that although we are firmly committed to the restoration of the earnings link we should also seek to strengthen the link to price increase.

Conference notes that the shopping basket used to calculate the price index contains many items that are not relevant to pensioners, for example, video games.

Conference therefore requests that the National Retired Members’ Committee work with appropriate bodies to consider the viability of a separate pensioners’ basket which would include relevant items such as energy costs, groceries and council tax increases.