kobe 10 as

In the United Kingdom, benefits are kobe 10 as typically indexed for inflation (known as Retail Prices Index (RPI)) as required by law for registered pension plans.[10] Inflation during an employee's retirement affects the purchasing power of the pension; the higher the inflation rate, the lower the purchasing power of a fixed annual pension. This effect can be mitigated by providing annual increases to the pension at the rate of inflation (usually capped, for instance at 5% in any given year). This method is advantageous for the employee since it stabilizes the purchasing power of pensions to some extent..