The Pension photograph

The Pension

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Initial release June 15, 2018
Directors Ryu Jang-Ha
Yang Jong-Hyun
Yoon Changmo
Date of Reg.
Date of Upd.
ID2234719
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About The Pension


Disability benefits cost could rocket, report says

Disability benefits cost could rocket, report says
Sep 18,2023 6:01 am

... The research from LCP, a firm of business consultants which specialises in The Pension and health sectors, forecasts the total number of pensioners claiming PIP will rise from about one million today to 1...

What's next for Wilko and its 12,500 workers?

What's next for Wilko and its 12,500 workers?
Aug 11,2023 1:21 pm

... A PPF spokesperson said: " We understand this must be a worrying time for The Pension scheme members and we d like to assure those members that we re here to protect them if needed...

Kirklees police chief condemns jokes about 'baby-faced' recruits

Kirklees police chief condemns jokes about 'baby-faced' recruits
Aug 3,2023 12:01 am

... One respondent said they looked like " toddlers" while another wrote: " Has The Pension got so bad that they have to start at 12? " Defending the officers, who she named only as Alfie and Noah, Supt Brear said both had shown they have the skills to " make great cops"...

Tube strike: More London Underground staff to join walkout

Tube strike: More London Underground staff to join walkout
Jul 13,2023 6:40 am

... As part of the dispute, Unite has called for a guarantee that there would be no increase in employee contributions to The Pension scheme, no decrease in employer contributions, and no reduction in pension fund benefits...

Sri Lanka: The fate of a protest that toppled a president

Sri Lanka: The fate of a protest that toppled a president
Jul 8,2023 10:30 pm

... But opposition leaders say this could have an impact on The Pension funds of Sri Lankan workers...

LGBT veterans want military ban report immediately

LGBT veterans want military ban report immediately
Jun 9,2023 7:10 am

... " Like many LGBT veterans who were dismissed, Ms Morgan is not eligible to withdraw The Pension she built up during her service and is now left on a low income...

Finance delays for divorcing teachers and NHS staff as pensions recalculated

Finance delays for divorcing teachers and NHS staff as pensions recalculated
May 19,2023 7:50 pm

... Louise Harris, 41, from Kesgrave in Ipswich, says the recalculation of The Pension " cash equivalent transfer value" - or CETV - means her children are currently stuck in an unsuitable home...

Brigitte Macron's great-nephew beaten in apparently politically motivated assault

Brigitte Macron's great-nephew beaten in apparently politically motivated assault
May 16,2023 12:40 pm

... Mr Macron has faced some of the biggest demonstrations in a generation over his reform to The Pension system, which is set to raise the retirement age from 62 to 64 later this year...

General election 2019: What is Labour offering to Waspi women?

Apr 27,2023 2:40 am

Labour has announced a policy to compensate some of The Women who lost out as a result of changes to The Pension age.

The Campaign for compensation has been led by The Group Women Against State Pension Inequality (Waspi).

Under a Labour government, Women born between 6 April 1950 and 5 April 1955 would be Paid £100 for each week of entitlement lost.

Those born between 6 April 1955 and 6 April 1960 would receive smaller amounts.

Labour's Angela Rayner told Bbc News : "The government failed The Women who were born in the 1950s. They stole their Pension . "

The maximum compensation would be £31,300, with an average payment of £15,380.

There are two parts of the proposed compensation: one for the changes made in 1995, when it was decided That The State Pension age for Women should increase from 60 to 65, And One for the changes in 2011 when the increase to 65 was accelerated and an increase to 66 was scheduled.

The chart below shows how the 1995 and 2011 compensation combines to give a total up to the maximum £31,300.

Consider, for example:

Labour has for affected people to check how much compensation they could receive.

Labour says the policy would cost about £58bn, Paid in instalments over five years.

But it disputed suggestions That this would prevent it meeting its fiscal rule That it would only borrow money to invest, despite not having said where The Money would come from.

Labour's John Healey told Bbc News : "This is not normal government spending - it's not a regular spending Commitment - That 's why it wasn't costed as part of our grey book exercise. "

The Grey book is the document Labour released alongside the manifesto That has costings for all day-to-day spending.

"Just as government always has a contingency fund or a system of funding. . one-off spending, which can't be built and shouldn't be built into regular budgets," he said.

Nonetheless, it is clearly going to have to be funded either through borrowing or taxation and it will push up current spending.

While governments do have contingency funds to pay for things like emergency responses, £58bn would be an unusually large payment, and it would be hard to describe the payments as a contingency when The Party has decided in advance to make them.

Conservative minister Nicky Morgan told the BBC "there isn't The Money available" to compensate the Waspi Women .



reality check, retirement age, pensions, labour party

Source of news: bbc.com

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