This petition is now closed, as its deadline has passed.
We the undersigned petition the Prime Minister to reverse his government's recently announced measure to reduce the pensions inflation cap from its present 5% to 2.5% in respect of final salary pension schemes so as to avoid the appalling financial consquences that will arise for millions of our workers switching jobs before retirement who will now face a 25% pensions cut. More details
Submitted by Andrew Constantine of English Democrats – Deadline to sign up by: 23 October 2008 – Signatures: 155
More details from petition creator
Millions of workers who switch jobs before retirement age could have their pensions cut by as much as 25 per cent by the time they turn 65 if inflation stays at the present rate, under a government measure announced unexpectedly on Monday 22 October 2007.
Such workers have had their final salary pensions adjusted for inflation up to a cap of 5 per cent annually for 20 years, but the government has decided to cut this to 2.5 per cent, well below the 3.9 per cent inflation rate.
This change means workers in their mid-40s who switched companies while inflation stayed at 4 per cent would lose 25 per cent of expected benefits by the time they turned 65.
The present cap of 5 per cent preserves the balance of interest between stayers and leavers.
As the TUC has said, the move was a pretty cynical calculation that widespread ignorance of how pensions work will protect the government against what should be an angry backlash.
About 5m employees have pension rights they have left behind after changing jobs. They should show their anger at this mean change by signing this e-petition.
Current signatories
Andrew Constantine, the Petition Creator, joined by:
- Robin Tilbrook, English Democrats Party Campaigning for an English Parliament.
- Patrick Harris English Democrat
- Bob Shaw, English Democrats
- David Ford Lane (English Democrat)
- Stephen Garrett, English Democrat.
- Colin Finney
- Andrew Lucas
- Rob Simpson
- David Wootton
- James Grey (English Democrat)
- Adrian Key: English Democrats Party
- Paul Rogan, English Democrats
- Stephen Gash English Democrats putting England first
- Wiktoria Daniels
- kenneth rea
- Dean Locke, English Democrats Party
- Nick Capp, English Democrats Party
- David Knight - English Democrats
- Dick King
- S King
- Courtney Williams English Democrats
- Ian Campbell, English Democrat
- LeN Welsh
- D Porritt
- paul richardson
- Mark Smith
- Mike Aldous
- O Jebb
- Adam Welch, stand up for English pensioners!
- John Talbot
- Philip Glover
- Anne Palmer - English Democrat
- Dave Weaver
- John Light
- Craig Healey, English Democrats
- Keith Dixon
- john bryan
- R.Sulley
- Alan Hope
- alan mcgee
- Andy Franklin
- tom dowling
- Mrs S Davies
- M Wagstaff
- Sue Kerbey
- Gregor Gillies
- John Leitch
- Thomas Nolan
- Kiran K Popat
- Bob Ekins
- sgh.duck
- Michael Townsend
- Nicola MacLeod
- Dave Ball, English Democrats
- Adam Giles
- Adrian Godfrey
- Sean Varnham
- Paul Laight
- Kim Gandy
- lisa Vanson
- simon yeomans
- Claire Fitzmaurice
- Matt
- ian herold
- Nick Batchelor
- Jayne Townsend
- Tim Jenkins
- G.Prescott
- Geoffrey Peers
- david frober
- David Hatton
- Patrick Hurst
- John Riley C.Eng MIET
- danny warrington
- patrick ellis
- MARTIN HAINES
- nicola sutton
- Jason Sutton
- l.lynch
- Philip Luke
- j richards
- eric jackson
- Mike Blundell
- Graham James Watts
- James Dinsdale
- Caroline Reed
- Harry Rookes
- Simon Glasgow
- Simon Clement
- Helen Broadbent
- Philip Marsland
- rachel lynch
- ray king
- Christopher Neal
- Judy
- A J Nicoll
- Philip Goodway
- Paul Beard
- Ian Turvill
- PAul Pleace
- Robert Wilson
- Darren Laflin
- Brian Pace
- Gill Beard
- David A Southall
- patrick keogh
- Ian Willows
- Rachael Foden
- ALEXANDRA OWEN
- E Sanders
- Janus Polenceus of the English Democrats Party & 'the Campaign for an English Parliament'
- Karen Louth
- Daniela Fisher
- Peter Scolley
- Laura Sturges
- Nicola Hannah
- David Nicholls
- Martin Whapshott
- Elaine Matthews
- Elaine Burt
- louise cassidy
- Sara Jane Ingram
- Jane Townsend
- Ruth Page
- Grace Lilly-anne Alexandra Archell-Thompson
- Martin House
- C Leonard
- Helen Cantelo
- carol mcclenn
- Sue Jones
- Andrew Chapman
- sheila creely
- J Wheeler
- Geoffrey Harris
- R Watts
- Deborah Harmer
- This Government has sabotaged all pensions across the board-where is the workhouse, we will need it!
- John Barton
- Neil Palmer
- len
- adrian dowle
- MICHAEL MACKELLOW
- Linda MacDonald
- Giuliana Nicholson
- Donna McDermott
- rob smith
- Ronald Sanderson
- Alan Daw
- FILOMENA PEREIRA
- simon hunt
- P.Rogers
- Alan John Duncan
- Robert Albrecht
- Joe Hockaday