Pensions Act 2008
Download or Read eBook Pensions Act 2008 PDF written by U K Stationery Office and published by The Stationery Office. This book was released on 2008-12 with total page 162 pages. Available in PDF, EPUB and Kindle.
| Author | : U K Stationery Office |
| Publisher | : The Stationery Office |
| Total Pages | : 162 |
| Release | : 2008-12 |
| ISBN-10 | : 0105430080 |
| ISBN-13 | : 9780105430087 |
| Rating | : 4/5 (80 Downloads) |
Book Synopsis Pensions Act 2008 by : U K Stationery Office
Book excerpt: This Act introduces a low-cost personal account. It aims to automatically enrol eligible workers into pension schemes, introduce a minimum employer contribution, and confer on the Personal Accounts Delivery Authority executive as opposed to advisory powers. All employers will be required to contribute to their workers' pensions a minimum of 3 per cent. on a band of earnings for defined-contribution schemes, as recommended by the Pensions Commission.
