Pensions, Retirement and Old Age

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Pension Revolt: 'New Labour Will Not Win This War'

Gordon Brown has renamed the DTI the Department for Business, Enterprise and Regulatory Reform (DBERR) to reflect its focus on the reduction of red tape and a commitment to entrepreneurship. 2006 Older employees plan to keep on working Older employees are increasingly willing to work on past the traditional retirement age, according to a new survey. called 'baby boomers' have told Heydey, profit organisation set up by Age Concern, they want to work past the state pension age.

Funds Pension News Article by Jim Fagan, March 2005

by Voanews President Bush has defended his new proposal to cut some retirement benefits as part of his reform of the U.S. pension program, Social Security. If you would like to receive late breaking news on issues covered by AXcess News then you need to subscribe.Print This Page April 30, 2005 (AXcess News) President Bush has defended his new proposal to cut some retirement benefits as part of his reform of the U.S. pension program, Social Security.

Hancock John Pension The changes that New Labour is proposing to the NHS pension scheme have provoked real anger among health workers.

"Requiring compulsory contributions from businesses will hit small firms disproportionately and will be seen as another tax on them." Lord Turner led a commission on pensions for the government which published its findings last November, calling for the retirement age to be raised from 65 to 69. The report also called for the establishment of a national pensions savings scheme, a proposal which the FTSE Group today claimed could produce "massive distortions" in the FTSE 100 index.

Pension Widow Undertaking jobs that are physically and emotionally demanding for relatively low pay, they are now being told they will have to work until 65 to receive a full pension. A significant number of nurses and paramedics are already unable to work until 60, retiring on grounds of ill health.

Some retired taxpayers receive a retirement pension or annuity, often paid in installments. But in most cases this retirement benefit does not escape taxation. In addition, quarterly tax payments may be due if withholding is not taken out of the monthly benefit. For more on this topic, please review Annuities and Pension Plan Installment Payments.

Fund Pension

77% of voters from the Royal Mail's Communication Workers Union (CWU) are in support of a national postal workers' strike. ridden Brits to save is to be revealed by the shadow work and pensions secretary Sir Malcolm Rifkind. The new bill, called "Rights for Savers", proposes the creation of a new lifetime Savings and Retirement Account (Sara); cost, term savings account, involving normal pension tax breaks but which enables cash to be withdrawn at predetermined stages during a lifetime.

Investment Pension There is a feeling, even among some managers, that this is the final straw. This meant that activists in our Unison branch were able to speak at team meetings or informally to staff groups to explain the issues and publicise the Tower Hamlets rally as part of the TUC Day of Action on 18 February. As our members mainly work in small teams in hospitals or the community we were able to inform and involve them effectively and help rebuild section organisation.

Canadian Pension Plan

Department Pension Work We worked with the other public sector unions in Tower Hamlets to organise the lunchtime rally. As well as trade union speakers we agreed to invite the two local MPs - who didn't come - and the main local opposition parties, including Respect. The local government branch of Unison produced high quality publicity. Some 250 attended the rally, about a third of them health service workers, some attending a trade union event for the first time. Local Labour MP Oona King sent a strongly worded statement opposing the pension changes and has signed the early day motion. George Galloway and Tony Benn received a warm response for their commitment to support our fight.

Ibm Pension

Benefit Corporation Guaranty The developing unity among trade union leaders in the pension campaign is very welcome, but it still does not match the feeling for united action among public sector workers. Members of our branch can't understand why they are not being asked if they are prepared to take strike action. Our branch, like many others, is organising an informal ballot to show New Labour that they will not win this war.

Calculator Pension

Government Pension Jim Fagan
Tower Hamlets Health Care Unison (pc)

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