Pensions Act 2007 PDF Download

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Pensions Act 2007

Pensions Act 2007 PDF Author: Great Britain
Publisher: The Stationery Office
ISBN: 9780105422075
Category : Business & Economics
Languages : en
Pages : 84

Book Description
The Act is in four parts. Part 1 concerns the State Pension: the entitlement to Category A and B retirement pensions; credits for basic state pension; abolition of adult dependency increases; up-rating of basic state pension and other benefits; additional pensions; increase in state pension age. Part 2 is about occupational and personal pension schemes: conversion of guaranteed minimum pensions; abolition of contracting-out for defined contribution pension schemes; dispute resolution; removal of the Secretary of State's role in approving actuarial guidance; financial assistance scheme; temporary restriction on purchase of annuities. Part 3 concerns the setting up of the Personal Accounts Delivery Authority. Part 4 contains general measure.
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