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12/05/2006
Blair and Brown agree pensions deal
Prime Minister Tony Blair and Chancellor Gordon Brown have agreed a deal on pensions.
The agreement will see the link between pensions and earnings restored, probably from 2012.
Pensioners' groups have been campaigning for the link - which was broken by Margaret Thatcher's government in 1980 - to be restored.
The restoration of the link was recommended in Lord Turner's report on pensions, although his report recommended reintroducing the link in 2010.
The agreements ends months of deadlock between the Prime Minister and Chancellor over pensions, with Mr Blair wanting to reintroduce the link between pensions and earnings, while Mr Brown continued to defend means testing.
He had argued that the changes recommended by Lord Turner were too costly between 2010 and 2020.
It is expected that the retirement age will be increased to 68 from 2050 in order to help pay for the changes, also as recommended by Lord Turner.
(KMcA)
The agreement will see the link between pensions and earnings restored, probably from 2012.
Pensioners' groups have been campaigning for the link - which was broken by Margaret Thatcher's government in 1980 - to be restored.
The restoration of the link was recommended in Lord Turner's report on pensions, although his report recommended reintroducing the link in 2010.
The agreements ends months of deadlock between the Prime Minister and Chancellor over pensions, with Mr Blair wanting to reintroduce the link between pensions and earnings, while Mr Brown continued to defend means testing.
He had argued that the changes recommended by Lord Turner were too costly between 2010 and 2020.
It is expected that the retirement age will be increased to 68 from 2050 in order to help pay for the changes, also as recommended by Lord Turner.
(KMcA)
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07 September 2004
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20 June 2005
Pensions coalition calls for ‘fair deal’
A new coalition is calling on the new government to deliver a new ‘fair deal’ on pensions. Four organisations – the Trades Union Congress (TUC), Age Concern, Help the Aged and consumer watchdog Which? – have joined together to form the People’s Pensions Coalition to campaign for fair pensions reform.
Pensions coalition calls for ‘fair deal’
A new coalition is calling on the new government to deliver a new ‘fair deal’ on pensions. Four organisations – the Trades Union Congress (TUC), Age Concern, Help the Aged and consumer watchdog Which? – have joined together to form the People’s Pensions Coalition to campaign for fair pensions reform.
04 April 2006
Lord Turner defends pensions reforms
Lord Turner has defended the proposed pension reforms in the Pensions Commission final report. Lord Turner, who chaired the commission, said that the state pension should be made more generous and less means tested.
Lord Turner defends pensions reforms
Lord Turner has defended the proposed pension reforms in the Pensions Commission final report. Lord Turner, who chaired the commission, said that the state pension should be made more generous and less means tested.
12 September 2005
TUC seeks 'compulsory' pension contributions
The TUC is to outline a blueprint for the future of pensions at the annual Congress being held this week in a proposal that will place an obligation on both employers and employees to contribute to a pension.
TUC seeks 'compulsory' pension contributions
The TUC is to outline a blueprint for the future of pensions at the annual Congress being held this week in a proposal that will place an obligation on both employers and employees to contribute to a pension.
10 March 2011
Lord Hutton Publishes Final Report On Pensions
Lord Hutton of Furness today sets out his proposals for comprehensive, long-term structural reform of public service pension schemes. The final report of the Independent Public Services Pension Commission follows a comprehensive nine-month review.
Lord Hutton Publishes Final Report On Pensions
Lord Hutton of Furness today sets out his proposals for comprehensive, long-term structural reform of public service pension schemes. The final report of the Independent Public Services Pension Commission follows a comprehensive nine-month review.
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