When we last updated you on this matter we reported on the outcome from the Court of Appeal hearing. As you may recall, in 2017 BT asked the High Court to consider whether the Scheme Rules permitted BT to change the index used for calculating pension increases paid in the future to Section C members from RPI to another index. The High Court determined that this change was not currently possible. The case then went to the Court of Appeal where again it was held that the change could not be made at this time.
BT’s application for permission to appeal to the Supreme Court has been unsuccessful. As such, pensions in payment for Section C members will continue to be increased by reference to RPI.