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"implying higher liabilities for some schemes"

Having quickly scanned the report, I don't think the assertion above is correct.

The relevant part of the report appears to be: "There is no benefit value uplift for individuals. However, it is expected that initial pensions for many members will be higher than at present when they come into payment, as a result of moving to a common approach for future increases."

My reading of that is that, if there is no benefit value uplift for individuals, scheme liabilities would remain unchanged.

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