Summary
MILLIONS of workers in finalsalary pension schemes could face a cut in their retirement incomes under a change being considered by ministers.
Under current rules, those who break their careers and defer taking their pension until they retire have their benefits revalued upward by 5 per cent a year.See the full content of this document
Extract
Pensions Setback for Final Salary Schemes
But the National Association of Pension Funds wants to save money by cutting this figure to 2.5 per cent.
Thi...See the full content of this document
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