CPI increase and Police Pensions
September 2023 The ONS published the Consumer Price Index (CPI) for September 2023 and this stands at 6.7%. Full details can be found on the ONS website Public service pensions in payment are increased each April in line with prices, measured according to the annual increase in the Consumer Prices Index (CPI) to September of […]
PPI
The PPI’s aim is to improve information and understanding about pensions and retirement provision through research and analysis, discussion and publication. It does not lobby for any particular issue or reform solution but works to make the pensions and retirement policy debate better informed www.pensionspolicyinstitute.org.uk The PPI produces an annual update which is an outline […]
GMP Equalisation
When the State Earnings Related Pension Scheme (SERPS) was introduced in April 1978, it was possible to contract-out of it into an occupational pension scheme. A condition of it being used to contract-out was that the scheme provided a defined benefit (known as a GMP). The requirement to provide a GMP was removed from April 1997 […]
September CPI Published
The ONS have now published the Consumer Price Index (CPI) for September 2021 and this stands at 3.1 %. As a result, Police Pensions will increase by 3.1% as of April 2022. Full details can be found on the ONS website
NARPO responds to HM Treasury on removing discrimination in public sector pension schemes
NARPO has responded to HM Treasury after the Government released its response to the consultation on removing discrimination in public sector pension schemes. NARPO urge the Government to ensure the those who are retired are treated the same as those of working age, when resolving pension discrimination and that the resolution is implemented as soon […]
Brexit and State Pensions – 4th January 2021
Entitlement to the UK State Pension is based on an individual’s UK National Insurance record. As part of the EU, the UK was part of a system to coordinate the social security entitlements for people moving within the EU. The rules also apply to the EEA and Switzerland. The aim of these provisions is to remove barriers […]
What does COVID-19 mean for the triple lock and State Pension inflation?
The Pensions Policy Institute (PPI) Briefing Note 123 – What does COVID-19 mean for the triple lock and State Pension inflation? This Briefing Note , authored by Daniela Silcock, Head of Policy Research, explores the potential impact on the Government and on pensioners of moving from a triple lock to a different measure of inflation.
Wellbeing and support when someone dies
The following information and online support resources have been collated into one place to assist Local Branches, Welfare Contacts and Members with wellbeing and support when someone dies. England – What to do when someone dies: step by step Wales – What to do when someone dies: step by step Coronavirus In the current […]
New State Pension and Contracting Out
As Police Officers you were ‘contracted out’ of the State Second Pension and only paid class 2 NI contributions. As a result you may not have the required 35 years to qualify for the New State Pension. Use the links below for new Single Tier State Pension information: Your State Pension Statement Explained Check your State […]
Government table sets out differences between marriage and civil partnership
The Government Equalities Office (GEO) has published a table that sets out the similarities and differences between marriage and civil partnership in England and Wales. The GEO table applies to same-sex and opposite-sex couples and, among other things includes information on pensions relating to: • State Pensions for married couples and civil partners • State […]