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Benefits of being Registered

As across this whole website, some articles are only available to registered users, if you are member of the union register if not apply to join and then register - you know it makes sense.

*** News Flash ****

This site is being updated. However because of the immense amount of material on the site it is taking me some time. When the new site is populated this site will be closed and the updated site will be launched. In the meantime new information is only being added to the new site . You can see how the updated site is coming along here.

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Articles

RPI in uprating Tax Allowances

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Dominic pointed me to this -- havent fully read it yet but it looks interesting. Intro on the Parliment Website says:

Age-related personal allowance - Commons Library Standard Note

Published 28 March 2012 | Standard notes SN06158

Authors: Antony Seely, Dominic Webb

Topic: Taxation

All taxpayers are entitled to receive a personal allowance to set against their income for tax purposes. Individuals aged 65 and over are entitled to receive an additional allowance; an extra addition is made for those age 75 and over. This note gives details of the allowance and some of the concerns have been raised about its provision, before looking at proposals for its withdrawal made in Budget 2012.

Most people think strike effective

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TUC Press Release

 

 

Most people think strike effective and those who oppose it over-estimate level of public sector pensions On average, people think that the average public sector pension is around 14,000, according to a new YouGov poll commissioned by the TUC and published today (Wednesday). Asked what they think the average public sector pension should be people give an even higher figure.

http://www.tuc.org.uk/economy/tuc-20354-f0.cfm

Prospect Strike Vote Result

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Dai Hudd Prospect Deputy General Sercretary on BBC News

Answering some agressive questioning over the Prospect ballot result of three to one in favour of strike action on a turnout of over 50%.

Prospect said both the vote and high turn-out reflect the deep anger among members at the Government’s actions in scrapping their existing scheme and imposing higher pension contributions, a later retirement age and the switch from RPI to CPI for uprating pensions

April 2011 - FOI request

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Discussion between BT and the Government — FOI Request

In April 2011, a Connect member submitted a freedom on Information (FOI) request to the Department of Works & Pensions (DWP) asking for "all meetings, discussions, correspondences etc that the Minister for Pensions or DWP had with BT or their agents from 1 January 2009".

On 24th May 2011, Ian Garland from DWP responded. He included with that a redacted letter from Linklaters on behalf of BT which they had sent in response to the document "The Pension Protection Fund and Occupational Pension Schemes (Miscellaneous Amendments) Regulations 2010 Consultation on Draft Regulations"  dated October 2009. The response deals with the interaction between the crown guarantee and the Pension Protection Fund (PPF).

The DWP also included an included a redacted exchange of email correspondence on the same subject between the DWP and Linklaters. That email refers to the government response to that consultation and gives a link to the regulations as enacted http://www.legislation.gov.uk/uksi/2010/196/contents/made.

The DWP also included a documents entitled "Risk Sharing: information for employers considering making changes to Defined Benefit pension schemes" Authored by Sue Barbosa in March 2010 for the DWP. A very interesting albiet lengthy and detailed documents at 54 pages.

Reducing your pension income further

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Further changes that will reduce your pension income

Consultation by George Osborne on proposals by the Government to replace National Insurance contributions with increases in general taxation

The Chancellor’s plans to replace NI by raising the basic tax rate form 20 to 32 percent which would increase the tax paid by pensioners on their company pensions by 60 percent.