BT blocked from third attempt to swap pensions index

James Phillips
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BT blocked from third attempt to swap pensions index

BT will not be able to swap the index used to uprate part of its pension scheme after the Supreme Court denied permission to appeal, closing all legal avenues.

Members in Section C of the BT Pension Scheme (BTPS) will continue to receive uplifts to their benefits in line with the Retail Prices Index (RPI) rather than the generally-lower Consumer Prices Index...

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