Retirees generally turn to the state pension to provide them with financial assistance. However, this is not always the only form of help available. Many retirees might find they qualify for the pension credit, which is designed specifically to help low-income people. The benefit supervised by the Department for WorkRead More →

Pension Credit is a useful tax-free income and savings supplement that opens the door to many other financial benefits. Yet the Department for Work and Pensions says up to a million pensioner households eligible for the credit are not claiming it. In this guide we answer: Pension Credit is aRead More →

Who should read All housing allowances (HB) Staff action For information Topic Universal Credit (Persons Having Attained State Pension Credit Eligibility Age) Regulations, 2020 (Amendment) Orientation Manual The information contained in this circular does not affect the content of the HB Orientation manual. Queries Additional copies of this circular /Read More →

Divided trustees of Pennsylvania’s $73 billion school pension fund will begin charting a future without the agency’s longtime executives at a two-day board meeting that begins Thursday. The board’s bi-monthly investment review will be the first under Robert Devine, the 23-year PSERS veteran named acting chief investment officer last weekRead More →

Additionally, reforms enacted over the past decade, such as increasing taxpayer and employee contributions and limiting benefits for new hires, mean the funds as a group are now in “positive amortization.” , with more money collected net of benefits than the present value of new additional benefits, reducing the fundingRead More →

By Maiya Keidan and Nia Williams TORONTO (Reuters) – Canada’s biggest pension plan managers increased their investments in the country’s top oil sands companies in the first quarter of 2021, raising questions about the funds’ recent pledges to green their portfolios. The nation’s top five pension funds’ cumulative investment inRead More →

Environmental organizers from across the country are converging in northern Minnesota to support Indigenous Water Protectors to stop construction of the Line 3 pipeline expansion. People across the country are protesting, sending letters and call to demand that President Biden stop construction of Line 3 just as he called forRead More →

State pension payments can provide significant financial assistance, however, some Britons may even be eligible to receive additional sums of money. One payment that could be particularly useful for those who have reached retirement age is the pension credit, designed to provide a “top-up” to retirees. The sum is dividedRead More →

The subject of the pension credit, a means-tested benefit that consists of two parts, the savings credit and the guarantee credit, was discussed on Monday during questions on real work and pensions in the House of Commons. communes. MPs posed questions to Work and Pensions Secretary Therese Coffey and herRead More →

State pension payments will increase each year by the higher of 2.5% inflation figures or average incomes and these measures are taken throughout the year. For the current year inflation and income growth have been, understandably, low, and as such, it has been confirmed that payments will increase by 2.5%Read More →

If you’re looking for extra money in retirement, as unfortunately too many retirees are, it’s worth checking that you’re claiming all the state benefits you’re entitled to. Surprisingly, millions of low-income retirees are not claiming maximum government support, often because they don’t know what is available. The pension credit isRead More →

-AFL Deputy Chief of Staff Geraldine George testifies As the government’s prosecution body expresses its enthusiasm to prosecute and hold some former officials, including former defense minister Brownie Samukai, responsible for alleged embezzlement of public funds and assets, the chief Deputy Armed Forces Staff Brigadier General Geraldine George, who isRead More →

In recent years, traditional retirement plans, also called pension funds, have been gradually disappearing from the private sector. Today, public sector employees, such as civil servants, are the largest group with active and growing pension funds. This article explains how other traditional pension plans work. Key points to remember TraditionalRead More →

Four years before the financial collapse, Goldman Sachs executive George Herbert Walker IV had much to be thankful for. “I have been fortunate enough to be part of the leadership teams of US restructuring, European privatizations, global pension management and now investments in hedge funds and private equity,” he saidRead More →