P for Pensions
Posted in : Essential Guide to Employment Contracts on 8 November 2011 Issues covered:Kiera Lee, writes:
1. The Pensions Act 2008
The proposed changes to public sector pensions are probably the most controversial ‘austerity’ measures planned by the UK government. They form part of a pensions revolution aimed at helping society afford its growing retiring and ageing population. Since most pensions are inextricably linked with employment any reform will have a big impact on employers’ obligations to meet pension funding.
2. What Obligations Does the Act Create?
Commencing 1st October 2012 the Pensions Act 2008 (supplemented by the Pensions Act 2011) will bring about significant changes in corporate pension provisions that will affect all employers. Employers will be
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This article is correct at 06/08/2015
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