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Old 18th October 2006 | 22:01
  #897 (permalink)  
Skylion
 
Joined: Jul 2003
Posts: 312
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From: UK
There are early moves afoot by the Government, supported by many big businesses ,to change Section 67 of the Pensions Act to enable companies to change the terms and conditions of the amounts it has agreed to pay existing pensioners. Until now , once you started drawing a pension, the deal in force at that time,- eg inflation proofing etc,- had to be paid, so the pensioner was safe unless the company went under, at which point benefits could be frozen at the level paid at the time. Now is the time to start lobbying your MP and mobilising opposition to the next Brown grab.
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