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Date: 16/10/08 
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Inflation

Retail Prices Index

June 4.6%
May 4.3%
April 4.2%

Source:
Office of National Statistics

Pay Deals

Average pay settlements to May 2008 (exc. bonuses)

Private Sector 3.8%
Public Sector 4.0%


Source:
Office of National Statistics

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Final salary benefit pension schemes are to see a greater fall soon, with a growth in scheme closures to existing members as large employers look to lose their remaining liability, it has been revealed. Find out more>
27-Aug-08 [Europe, Middle East and Africa]
European pension timebomb 'is ticking'
By 2060, there will be only two people of working age for each person over 65, putting huge strains on the EU pension economy, it has emerged. Find out more>
27-Aug-08 [Europe, Middle East and Africa]
Latvian pension reform fails to be passed
A referendum held by the Latvian government has failed in its attempt to raise the national old age pension rate, it was reported. Find out more>

The Scottish National Party (SNP) has rejected an offer by the government after Westminster proposed a reform of the police pension system in Scotland in return for extra funding. Find out more>
Climate change may not be the most serious problem facing Australia, after a report revealed that pensioners could "bankrupt the federal budget by 2030". Find out more>
In an open letter to the Times, Rail Maritime and Transport (RMT) union boss Bob Crow has rebuked claims made by the newspaper after recent developments in worker disagreements with Tubelines, the London Underground operator. Find out more>
Thousands of pensioners may miss out on backdated benefits worth up to £2,000 after changes to the process come into force from October 6th. Find out more>
Thousands of job reviews and salaries are about to appear online after website Glassdoor.com announced its intentions to add British wages to its database. Find out more>
21-Aug-08 [Pay and Reward]
Scottish strike sees 150,000 walk out
Unison, GMB and Unite members left their posts yesterday as Scotland saw 150,000 workers walk out over a pay dispute. Find out more>
The job evaluation scheme of the NHS, Agenda for Change, was confirmed as unreliable in providing evidence of a job's previous value, it has emerged. Find out more>

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