This morning Baroness Altmann, who quit as
pensions minister last month, said she believed the commitment to increasing by 2.5 % should be dropped at the next general election.
Not exact matches
Likely on the agenda is the pooled registered
pension plan (PRPP), a concept introduced by the government in December after the
last ministers meeting.
The term «
pension crisis» became a feature of the media coverage as finance
ministers gathered in Whitehorse
last December and again in June in Prince Edward Island.
The survey comes as a U.K. study by the government's
pension minister Steve Webb warned
last week that the
pension gap was widening, with up to 13 million Brits heading for an austere retirement after not saving adequately during their working lives.
Thanks to an Access to Information request filed by Blacklock's Reporter, an online newsmagazine, we've learned that the Harper government has been drafting legislation since
last November to strip away
pension security for federally - regulated workers, despite Finance
Minister Joe Oliver's statement this past April that no changes would be made without the consent of the retirees.
Meanwhile at the party headquarters of the far right Laos party, sitting under paintings of classical Greek scenes, vice-president Georgios Georgiou explains why they left the current governing coalition (formed under Lucas Papademos
last November when the Papandreou government collapsed): «I suggested we leave the coalition... we said not to touch
pensions and wages and to get rid of the two million illegal immigrants... you can not have Germans coming in sitting in ministries ordering
ministers what to do.»
Other big - name transfers into Westminster include Ros Altmann, the former Saga director general who took a peerage
last year to become
pensions minister, resigning
last month.
The Lifting the Restrictions on Nest report comes after groups including the TUC, Age UK and the Federation of Small Businesses (FSB) wrote to
Pensions Minister Steve Webb
last month, urging him to lift the barriers around Nest as soon as possible.
But Steve Webb has
lasted the course — in fact he's the longest serving
pensions minister since the job was invented — and I caught up with him to discuss how it's been for the man whose other badge of honour is that he was one of the founders of the Social Liberal Forum.
The former work and
pensions secretary, whose resignation from the cabinet and criticism of Gordon Brown
last June nearly toppled the prime
minister, has told his constituency Labour party in Stalybridge and Hyde he will be standing down as their MP but that his decision is personal and, after 20 years in the Westminster political system, no reflection on Labour's chances at the next general election.
More than half of Britons believe Gordon Brown is not fit to be the next prime
minister in light of
last week's revelations about the impact his 1997 tax reforms had on the
pensions system, a new poll has shown.
Last week, just before the wedding raid, he was promoted back into government as a
minister in the Department of Work and
Pensions.
«
Last week the government's true agenda was rumbled, with
ministers exposed for making misleading statements about the viability of public sector
pensions.
Last year the parliamentary ombudsman said the government should compensate 85,000 workers who lost out on their
pensions, saying official leaflets advising them on how to save for their retirement were misleading, but
ministers have refused to do so.
Last night,
pensions minister Ros Altmann published an extraordinary attack on her former boss, alleging that he had been looking for an excuse to resign.
Cabinet Office
minister Francis Maude is refusing to reopen
pension talks after
last autumn's «final offer» from
ministers.
This morning the former Labour Cabinet
Minister, Lord Hutton of Furness, has published the final report of his Independent Public Services
Pension Commission - a task he was given by George Osborne at the time of the emergency Budget
last year.
«Even though Alistair Darling said he wasn't told about Sir Fred Goodwin's obscene
pension pay off until
last week, it now appears his City
Minister knew
last autumn.
Monte Solberg, a Conservative cabinet
minister, who also quit politics
last year after 15 years as an MP, is only 51, so he will have to wait four more years to collect his
pension.
The government has been under pressure from labour groups and some provinces to enhance the Canada
Pension Plan, but Finance
Minister Joe Oliver said as recently as
last week that Ottawa doesn't favour the move even if Ontario opts to go it alone.
The plan was
last launched again by the Government of India for a limited period when the Finance
Minister in his 2014 - 15 budget speech mentioned that the success of the earlier LIC Varishtha
Pension Bima Yojana plan needs to be replicated and allowed the plan to be revived for one year from 15th August 2014 to 14th August 2015.