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Union of Shop, Distributive and Allied Workers (Usdaw) Staff Superannuation
Fund (PO-14862)

Complainant: Mr G Dyson and 15 others
Complaint Topic: Post retirement increases (escalation): RPI/CPI
Ref: PO-14862
Outcome: Not upheld
Respondent: Trustees of the Fund
Type: Pension complaint or dispute
Date:

Ombudsman’s Determination

Outcome

I do not uphold the Applicants’ complaint and no further action is required by the Trustees.

My reasons for reaching this decision are explained in more detail below.

Complaint summary

The Applicants’ complaint is about the decision of the Trustees to alter the rate of increase of their pension from the Retail Prices Index (RPI) to the Consumer Prices Index (CPI).

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