division_name: Social Security (Up-rating of Benefits) Bill &#8212; Clause 1 - Up-rating of state pension and certain other benefits following review in tax year 2021-22
motion: <p class="indent" pid="d358.10/4" pwmotiontext="yes">&#8220;There are a number of ways you can try to strip out these base effects, but no single method everyone would agree on. We have tried a couple of simple approaches&#8230;Neither approach is perfect&#8230;Our calculations of an underlying rate are there to help users understand base and compositional effects, but&#8230;there remains a lot of uncertainty about how best to control for these effects.&#8221;</p>
  
  <p class="indent" pid="d363.0/5" pwmotiontext="yes">&#8220;the 3.1% figure would still protect against rises in the cost of living.&#8221;&#8212;[Official Report, House of Lords, <phrase class="date" code="2021-11-02">2 November</phrase> 2021; Vol. 815, c. 1140.]</p>
  
  <p class="indent" pid="d363.0/7" pwmotiontext="yes">&#8220;will ensure that pensioners&#8217; spending power is preserved and that they are protected from the higher cost of living&#8221;.&#8212;[Official Report, <phrase class="date" code="2021-09-20">20 September</phrase> 2021; Vol. 701, c. 86.]</p>
  
  <p class="indent" pid="d363.0/9" pwmotiontext="yes">&#8220;could hit the highest rate seen in the UK for three decades&#8221;,</p>