Sentences with phrase «older scheme members»

«For most public sector groups, changes to pension were made according to age — younger members of schemes were required to leave their very beneficial schemes and instead offered membership of less valuable schemes whilst older scheme members were allowed to remain in their very beneficial schemes.

Not exact matches

8:13 and 11:5) prophetism added a third member to the older two - member scheme: Out of Egypt, into this land, and now, back to Egypt.

I took my 12 year old daughter as we are away scheme members and there is no reason why the awful time getting in and out of the ground should stop her going to this match.

Supporting that point, forum member Paul Jones pointed out that it would cost him # 118 if he signed up to the Auto Cup ticket scheme to take his nine - year - old son to a Champions League fixture at Anfield - a cost that he felt was excessive for a father and child - and he gives up his seat as a result, choosing to move to the adult and child section instead.

A 30 - year - old member of the Nuvos scheme currently earning # 24,500 will have to work for three years longer, pay an additional # 61.25 a month and lose # 309,840 over a 20 - year retirement.

A 41 - year - old member of the Premium scheme earning # 21,250 who has made 15 years of contributions will have to work for an extra seven years, pay # 53.13 more a month and will lose # 19,266.67 over 20 years through CPI indexation.

Usman Gbajabiamila, pensions policy adviser at ATL, said: «There is some stability in it now — the changes have gone through and the scheme's a year old, and members have calmed down a bit.

Under both schemes, transitional provisions were put in place so that older members of each scheme (i.e. above a particular age) received «full protection» by being allowed to remain as active members of the original and more generous scheme until retirement, whilst slightly younger members, who were between certain ages, received «tapered protection», by being allowed to stay as active members of the old scheme for an additional period before having to transfer to the new less generous scheme.

According to the reports, it has been confirmed that approximately 97,000 members have indicated their shift from British English Pension Scheme to the New Plan by returning their option form, whereas, just 14 % of the members chose to stick with the old pension scheme.