The Department for Work and Pensions (DWP) has launched a consultation on a proposed regulation which will allow dependent child survivors of our members to take a gap year from full time education.
The Department for Work and Pensions today published their policy paper, ‘Protecting defined benefit pension schemes’. This follows the Green Paper from February 2017, 'Security and Sustainability in Defined Benefit Pension Schemes'.
As with all defined benefit pension schemes, we use factors to calculate your PPF benefits to make sure we're paying you your correct pension, whether you want to retire before, after or on your retirement date, and whether or not you take a tax-free lump sum.
On the 10 October, in recognition of World Mental Health Day 2018, we organised a local fundraising event called Never Mind the Catwalk to raise money for our charity partners Mind in Croydon.
Following the judgment of the Court of Justice of the European Union (CJEU) last month, we have started to write to capped members who we believe are affected by the ruling. This is to confirm our records, because we do not have all the data we need to calculate the increase due. We will be writing in tranches over the coming weeks, so members who believe they are affected, but do not receive a letter immediately, do not need to contact us.
The pensions industry demonstrated its positive response to our contingency planning guidance, at an event attended by over 80 trustees and advisers in central London on Tuesday this week.
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