HP simply do not care
Pensioners are a burden on them so the sooner we all kick the bucket the better.
My guess is that HP are seeing the 'triple lock' that the state pension has and the proposed increases and say...
"That will be more than enough for you plebs."
At the current rate, it won't be long before, the State Pension will be more than the DEC one... the one that I paid extra into for years in the form of AVC's.
The last increase was more than swallowed up in the extra tax I had to pay because of the state pension rise.
Posting AC but spent 20 years at DEC before being given the heave-ho in 1998.