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The basic annual salary of a Member Of Parliament (MP) in the House of Commons is £91,346, [1] as of April 2023. In addition, MPs are able to claim allowances to cover the costs of running an office and employing staff, and maintaining a constituency residence or a residence in London. [2] Additional salary is paid for appointments or ...
Hertford College, Oxford. Profession. Academic. Sir Steven John Webb PC (born 18 July 1965) is a British pensions commentator who was previously Liberal Democrat Member of Parliament (MP) for Northavon from 1997 to 2010 and for Thornbury and Yate from 2010 to 2015. He was the Minister of State for Pensions in the coalition government of David ...
Rosalind Miriam Altmann, Baroness Altmann, CBE (born 8 April 1956) is a British life peer, leading UK pensions expert, and political campaigner.She was appointed to the House of Lords following the 2015 general election as a Conservative, but describes her work both before and after the election as being politically independent, championing ordinary people and social justice.
Mel Stride. Melvyn John Stride [1] (born 30 September 1961) [2] is a British politician who has served as Secretary of State for Work and Pensions since October 2022. He previously served in the May Government as Financial Secretary to the Treasury and Paymaster General from 2017 to 2019 and as Leader of the House of Commons and Lord President ...
The Pensions Act 2008 is an Act of the Parliament of the United Kingdom. The principal change brought about by the Act is that all workers will have to opt out of an occupational pension plan of their employer, rather than opt in. This is referred to as automatic enrolment, and moves a significant amount of responsibility onto the employer to ...
Pension benefits are primarily designed to favor workers who work a full career (typically at least 25 years of service), which account for approximately 24% of state-level public workers. In a study of 335 statewide retirement plans, Equable Institute found that 74.1% of pension plans in the US served this group of workers well.
v. t. e. The secretary of state for work and pensions, also referred to as the work and pensions secretary, is a secretary of state in the Government of the United Kingdom, with overall responsibility for the business of the Department for Work and Pensions. [3] The incumbent is a member of the Cabinet of the United Kingdom .
The Pension Service consists of local Pension Centres and centrally-based centres, many of latter are based at the Tyneview Park complex in Newcastle upon Tyne. At Tyneview Park the following centres are found: Future Pension Centre (FPC) provides state pension forecasts for people approaching retirement age.
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