Benefits and tax credits that are linked to inflation rise by 1.7% in April 2020, marking the end of the four-year freeze that affected many such payments. Further increases have been made to Universal Credit, Working Tax Credit and Local Housing Allowance in response to the coronavirus outbreak. The triple lock delivers a 3.9% increase to the Basic and New State Pension.…Read more
Looks at the development of survivors’ pensions for opposite sex cohabiting couples, particularly in public service pension schemes, and the impact of recent court judgments…Read more
This note looks at the development of the NHS Pension Scheme and current debates…Read more
The Coronavirus Bill (Bill 122 of 2019-21) was introduced to the House of Commons on 19 March 2020. The Bill is part of the Government’s response to the Covid-19 pandemic and is intended to enable the Government to respond to an emergency situation and manage the effects of a pandemic.…Read more
This short note focuses on the current debate about the impact of pension tax rules on some senior NHS staff. The broader issues are discussed in Library Briefing Paper CBP 5901 Restricting pension tax relief.
Briefing on the legislation increasing the State Pension age for women born in the 1950s, and the campaigns against it…Read more
This briefing sets out the background to Spring Budget 2020 which will take place on 11 March 2020. The Office for Budget Responsibility (OBR) will publish revised forecasts for the economy and public finances on the same day.
Covers arrangements for uprating public service pensions. …Read more
Looks at rules under which some occupational pensions have historically been adjusted to take account of the State Pension introduced in the late 1940s…Read more
Looks at the application of the “section 75 employer debt provisions” to multi-employer pension schemes – such as the Plumbing Pension Scheme…Read more
Looks at the change in the rules to allow all people in receipt of a War Widow(er)s’ Pension in April 2015 to keep it for life (regardless of remarriage or cohabitation) and at the campaign for reinstatement of pensions already surrendered
Looks at the debate on pension tax relief reform…Read more
Looks at the debate around the equalisation of GMPs and the recent High Court judgment in relation to the Lloyds Bank pension scheme…Read more
Between 1978 and 1997, contracted-out defined benefit pension schemes were required to provide a Guaranteed Minimum Pension (GMP). This note looks at the arrangements for index-linking GMP rights for people reaching State Pension age before and after 6 April 2016 and for members of public service pension schemes…Read more
Looks at the Pensions Regulator’s powers to protect pension scheme benefits and measures to strengthen them in the Pension Schemes Bill (HL} 2019/20…Read more
Covers the arrangements made for mineworkers’ pensions following privatisation of British Coal in 1994.…Read more