Royal Mail’s new pension scheme falls 5% in first six months

The Royal Mail Collective Pension Plan, a collective defined contribution (CDC) scheme launched in October last year after six years of planning, dropped 4.6 per cent by the end of March, compared to ...

How Much Pension Will You Get Under EPS 95 Scheme 2025? Calculate Your EPS Pension, Eligibility, Contributions

The EPS pension amount is calculated using a specific formula: Pension = (Average Salary × Pensionable Service) ÷ 70. The ...

Higher EPS 95 pension: For employees' higher pension, employer can’t contribute retrospectively to EPS above the statutory limit, rules Kerala HC

Kerala High Court ruled against retrospective higher pension claims for 67 CIAL employees. Despite CIAL offering ...

Trucking Company Hit With $23 Million Pension Bill by NLRB Judge

A trucking company owes a union pension fund more than $23 million in a case that arose from events going back more than 15 years, a National Labor Relations Board judge ruled.
Pensions Expert

Admin levy and indexation changes among new Pension Schemes Bill amendments following Budget

More amendments have been put forward by government ministers and other MPs ahead of the bill returning to parliament tomorrow (3 December).
Employee Benefits

Department for Work and Pensions launches pension scheme trusteeship standards consultation

The Department for Work and Pensions has launched a consultation on improving the standards of pension scheme trusteeship, ...