Simplicity, Security and Choice - Working and Saving for Retirement - Action on Occupational Pensions: Cm 5835 - Softcover

Great Britain: Department For Work And Pensions

Softcover

ISBN 10: 0101583524 ISBN 13: 9780101583527

Publisher: Stationery Office Books, 2003

Synopsis

Following on from the Green Paper (Cm. 5677, ISBN 0101567723) published in December 2002, this document sets out the Government's plans for reform of the occupational pensions system. The government remains committed to maintaining the State Pension age at 65. A Pensions Protection Fund will be set up, to guarantee pensioners a specified minimum level of pension if the sponsoring employer becomes insolvent. Solvent employers who choose to wind up their pension schemes, will be required to meet their pension promise in full. Age discrimination will be outlawed to enable people to work for longer, if they wish to do so. The normal pension age for public service occupational pension schemes will be raised to 65 (rather than 60, as at present).

About this edition

• Publisher: Stationery Office Books
• Publication date: 2003
• ISBN 10: 0101583524
• ISBN 13: 9780101583527
• Binding: Paperback
• Number of pages: 48