Limited Price Indexation

Limited Price Indexation (LPI) definition

/ˈlɪmɪtɪd//prʌɪs//ˈɪndɛkseɪʃ(ə)n/

What does Limited Price Indexation mean?

Mechanism under the Pensions Act 1995, s 51 which calculates the statutory minimum rate by which pensions in payment under an occupational pension scheme must be increased annually. Limited price indexation (LPI) effectively means the relevant price index capped at a certain percentage.

Variances

LPI

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