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The service is available to people aged 50 years and over with a defined contribution pension to help them understand what they can do with their pension pot(s). [ 1 ] It offers guidance for people on the pension changes introduced in the 2014 United Kingdom budget . [ 2 ]
The organisation was set up by the UK Government and is paid for by a statutory levy on the financial services industry. [3] It is an arm's-length body of the Department for Work and Pensions. [4] [5] MaPS is the largest funder of debt advice in England. The service's chair is Sir Hector Sants. [6] In January 2020, Caroline Siarkiewicz was ...
In addition to the ordinary pension there are also good-service pensions, Greenwich Hospital pension and pensions for wounds. An officer was entitled to a pension when he retired at the age of 45, or if he retired between the ages c 40 and 45 at his own request, otherwise he received only half pay.
As the UK's biggest public service department it administers the State Pension and a range of working age, disability and ill health benefits to around 20 million claimants and customers. [6] It is the second-largest governmental department in terms of employees, [ 1 ] and the second largest in terms of expenditure (£228 billion as of July ...
The Old State Pension, consisting of the Basic State Pension (alongside the Graduated Retirement Benefit, the State Earnings-Related Pension Scheme, and the State Second Pension; collectively known as Additional State Pension), is a benefit payable to men born before 6 April 1951, and to women born before 6 April 1953.
The UK has two free emergency numbers: the traditional 999, which is still widely used, and the EU standard 112. Both 999 and 112 are used to contact all emergency services: Police, Fire Service, Ambulance Service and Coastguard. (Standard advice for Mountain Rescue or Cave Rescue is to ask the emergency operator for the police, who oversee the ...
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International Pension Centre (IPC) deals with all enquiries regarding the payment of state pension, bereavement benefits, incapacity benefits and other such benefits for those living abroad. [ 5 ] London Pension Centre (LPC) Services London and the surrounding areas as a standard Pension Centre [ 6 ]