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imported>Doug Williamson |
imported>Administrator |
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| (LPI).
| | Debts and obligations that are payable in more than one year from the current date. |
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| ''Pensions''.
| | == See also == |
| | * [[Debt]] |
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| The minimum annual rate of indexation which must be applied in the UK to employee pensions in payment or deferred pensions, where they relate to employment after 5 April 1997.
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| LPI is the lesser of the actual rate of inflation and either 5% or 2.5% depending on (1) the date when the pension entitlement was accrued and (2) whether the pension is in payment or deferred.
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| However, UK pension schemes can make increases in pension payments over and above LPI if they wish and if their scheme rules allow it.
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| == See also ==
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| * [[Price indexation]]
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| * [[Retail Prices Index]]
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| * [[Consumer Prices Index]]
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| [[Category:Manage_risks]]
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Revision as of 14:20, 23 October 2012
Debts and obligations that are payable in more than one year from the current date.
See also
