Hewlett Packard Enterprise and many other wealthy companies are refusing to pay discretionary increases to their pre-97 pensioners. We thought this was an HPE issue but have subsequently discovered that many other companies do the same thing. Effetcively they hide behind the 95 Legislation which says that it is not compulsory for companies to pay cost of living increases. Instead they should pay discretionary increases.

HPE promotes itself as “one of the world’s most ethical” companies.  HPE annual net income for 2023 was $2.025B, a 133.29% increase from 2022.  

HPE’s chooses not to share their profits with their UK pensioners while sharing it with shareholders and executives.  We know from the media reports that HPE is not alone. We know that at least 7 American headquartered companies behave the same way.

We want the government to support us in our campaign for Pre 97 pension justice. The pension reforms underway must help deliver pension justice for Pre 97 pensioners and their survivors.