Additional State Pension SERPS 2012 2015 changes

This already seems to have taken place, my serps and other components of my pension have been frozen this year (2010-2011)by sleight of hand the government have witheld more than half of my pension income from cost of living increase, As the allowances i receive are less than my state pension the £2.40 i have received is taxed and is effectively reduced to less than two pounds. I depend on the state pension and a small occupational pension, my total fixed income is considerably less than £20K, and any hit like this is aqutely felt. The chancelors statement that he has done something for all in the budget, is stretching creditability and he is at best beeing very economical with the truth.

Jcastle is not alone, as other discussion group comments prove. But if you need confirmation that the government are less than sincere and honest in their policies, read on...
Andrew Smith, the then Secretary of State for Work and Pensions, told delegates at the 2003 Labour Party conference that the government would reject putting up the state pension age. He also rebuked firms over pension closures, saying "We condemn those who walk away from their responsibilities, short-changing workers who saved all their lives. They can't claim workers' loyalty and then dump them in their retirement… a pension promise made, must be a pension promise honoured."
It was in the basis of the above, and subsequent, commitments that I chose to defer my pension until I was 70 and, having now taken it, will receive a laughable 0.75% increase to my overall state pension because of the increase being limited to the basic element.
What we all need to know is whether this policy is a temporary measure to reflect the low RPI or a permanent fixture, whatever the changes in the financial market? Also, will it be affected by the swap over from the Retail Price to the Earning Related increase Index?

Any increase I get in my State Pension will disappear in the increase in Tax on my Service Pension, with the increases on Service Pensions being frozen for 3 years from 2010 to 2013. This Goverment needs to think before they act with such drastic cuts.

At least the proposed flat rate pension is simple. Everyone gets it. Anything that one does (apart from SERPS) to get increased income (such as a money-purchase pension) can be kept in full and is not lost by means testing.

Thus everyone is encouraged to save for their retirement and is rewarded for doing so.

There also seems to be a promise that SERPS already built up will be protected (but presumably would be added to the existing £95 pw pension and if no more than £155 pw in total would not result in any more than the new, higher flat rate). Not sure what happens if you had so much SERPS that it would have given you more than £155 pw on the old system [max possible was £255 pw in total] but also not sure how many would be affected by this. Wait for the announcement (later today?)!