Whilst these choices may well be available under
the receiving pension arrangement, it is unlikely that they have come with any of the necessary health warnings.
Not exact matches
Under «net pay»
arrangements, the
pension amount is deducted from an individual's pay before tax is calculated (meaning the employee
receives tax relief there and then).
About 4,061 police pensioners, who retired under the PTAD
arrangement are yet to
receive their
pensions.
The
arrangement, made by the trustee of the
pension fund, means that around 40,000 members of the Fund's Old Section will now
receive their full
pension entitlement through policies with Rothesay Life and Legal & General, which has taken on the liabilities.
Some of these «scams» are difficult to detect as they have the appearance of being above board, with the
receiving arrangement being a registered
pension scheme and all the paperwork looking completely bona fide.