Pensions

This notes looks at the reforms to public service pensions introduced in 2015 under the Public Service Pensions Act 2013 and the implications of the Court of Appeal's decision that the transitional arrangements were discriminatory on grounds of age

Armed Forces Pension Scheme and preserved pensions

This briefing paper looks at some of the FAQs constituents raise with their MPs about pensions.

Looks at current issues regarding judges' pensions

Information on the Pension Schemes Bill 2019-21, which has now gone through its Lords' stages, having had its Third Reading on 15 July 2020.

Looks at the Pensions Regulator's powers to protect pension scheme benefits and measures to strengthen them in the Pension Schemes Bill (HL} 2019/21

This Commons Library Briefing paper looks at the debate on the pensions dashboard, which is being developed to enable people to view all their lifetime pension savings (including their state pension) in one place

The Workplace pension reforms started to be introduced from 2012. Under the reforms, employers are required to automatically enrol workers into a qualifying pension scheme and, unless the worker opts out, make minimum contributions. This briefing paper looks at progress to date and the debate on the way forward, including the 2017 review

Looks at legislation in the Pension Schemes Bill to provide a framework for Collective Defined Contribution (CDC) pension schemes

Covers the development of funding requirements for defined benefit pension schemes. including reforms in the Pension Schemes Bill 2019/21

This short briefing paper aims to provide context for provisions in clause 124 of the Pension Schemes Bill 2019/21 that would “require occupational pension schemes to manage the effects of climate change effectively as a financial risk to their investments and to report publicly on how they have done so.”

An examination of the triple lock mechanism used to uprate the State Pension - its effect so far, the arguments for and against, and the potential impact of the coronavirus outbreak.

This Commons Library briefing paper looks at the Pension Protection Fund (PPF) which was one of the measures set up by the Pensions Act 2004. It was in response to a series of high-profile cases in which pension schemes had wound up with insufficient assets to meet their pension commitments. The PPF started operations on 6 April 2005 and applies to schemes that started winding up after that date.