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The key elements of the final compensation scheme for voluntary redundancy, if below normal pension age (either aged 60 or 65), were for one month's pay per year of service up to 21 months (previously 15 months) with a taper of between a maximum of 21 months' and six months' compensation for those approaching pension age, and for those at or ...
Occupational pension schemes also flourished after the Second World War, with pensions becoming a key tool to attract and retain staff. [6] In the second half of the 20th century, there was a succession of legislative changes to protect pension scheme members, prevent abuse of the generous tax-reliefs available and prevent fraudulent activity.
Registered Pension Schemes (Surrender of Relevant Excess) Regulations 2006 (S.I. 2006/211) Pension Schemes (Relevant Migrant Members) Regulations 2006 (S.I. 2006/212) Housing Benefit Regulations 2006 S.I. 2006/213) Housing Benefit (Persons who have attained the qualifying age for state pension credit) Regulations 2006 S.I. 2006/214)
Part IV in sections 69 to 101 sets out minimum protection for early leavers from their jobs before an entitlement to an occupational pension arises. Part V in sections 102 to 110 requires that pension schemes contain annual increases in line with prices, though sections 102 to 108 were soon replaced by the Pensions Act 1995.
The Local Government Pension Scheme (Amendment) Regulations (SI 2010/528) The Pension Schemes (Transfers, Reorganisations and Winding Up) (Transitional Provisions) (Amendment) Order (SI 2010/529) The Finance Act 2008 (Penalties for Errors and Failure to Notify etc.) (Consequential Amendments) Order (SI 2010/530)
The State Pension is an existing welfare benefit that forms part of the United Kingdom Government's pension arrangements. Benefits vary depending on the age of the individual and their contribution record. Currently anyone can make a claim, provided they have a minimum number of qualifying years of contributions.
The National Ports Council Pension Scheme (Excess Statutory Surplus) Order (SI 2002/346) The Social Security (Claims and Payments) Amendment Regulations (SI 2002/355) The South Huddersfield Primary Care Trust (Establishment) Order (SI 2002/356) The Hambleton and Richmondshire Primary Care Trust (Establishment) Order (SI 2002/357)
Local Government Pension Scheme (Pensionable Remuneration Amendment) Regulations 1995 (S.I. 1995/2249) Town and Country Planning (Environmental Assessment and Unauthorised Development) Regulations 1995 (S.I. 1995/2258)