LABOUR MANIFESTO – PENSIONER ISSUES
PROTECTING WORKS PENSIONS
Chapter 5 – Social Security
DIGNITY FOR PENSIONERS
TORY THREAT TO COUNCIL WORKS PENSION FOR ALL PENSIONER AGESChapter 9 – Leading Richer Lives - LOCAL COMMUNITIES - Page 88
COUNCIL WORKS PENSION
- Labour will give members of the Local Government Pension Scheme full trustee status to help control investments, and reduce fees and charges.
PROTECTING WORKS PENSIONS
Labour will amend the takeover regime to ensure that businesses identified as being “systemically important’ have a clear plan in place to protect workers and pensioners.
CHAPTER 1 - CREATING AN ECONOMY THAT WORKS FOR ALL - PAGE 17 - A NEW DEAL FOR BUSINESS
TAKE-OVER OF FIRM AND WORKS PENSIONERS
9. Amend the takeover code to ensure every takeover proposal has a clear plan in place to protect workers and pensioners – because workers shouldn’t suffer when a company is sold.
Chapter 4 - A FAIR DEAL AT WORK - Page 47 - RIGHTS AT WORK
MINEWORKERS PENSION SCANDAL SOLVED
A Labour government will commit to an immediate review of the mineworkers’ pension scheme and British Coal superannuation scheme surplus, sharing arrangements between government and scheme beneficiaries.
VARIABLE WORKS PENSION AGES
We will commission a new review of the pension age, specifically tasked with developing accessible retirement policy to respect both the contributions made by people, the wide variations in life expectancy, and the arduous conditions of some work.
We’ll restore confidence in the workplace pension system and put people rather than profit at its centre. Labour will end rip-of hidden fees and charges, and enable the development of large efficient pensions funds, which will mean more cash for scheme members and lower costs for employers.
Following several years of independent research that the Cabinet Office attempted and failed to suppress, the book
‘Cash Not Care: the planned demolition of the UK welfare state’ was published 2016. The book contains all the evidence the government do not want the public to know, and all the details the national press and media refuse to report.
COUNCIL PENSION WAS THREATED BY THE TORIES
... "Members of Britain’s biggest pension scheme fear Tory money-grabbers will put their retirement income at risk.
The local government workers’ schemes have 5.4 million members and funds valued at £213 billion.
Tories changed the rules three months ago to give Communities Secretary Sajid Javid unprecedented powers to decide how the money is invested.
The main responsibility of a pension fund is to ensure money is safe to benefit the elderly in retirement – yet critics say Mr Javid’s power to take over investment decisions puts that in danger.
“This is an appalling abuse of power,” said Shadow Communities Minister Kate Hollern."...
..."Now the issue will be decided by judicial review.
TORY GOVERNMENT TOOK MINEWORKERS' PENSION FUND
... " the Government has made £10billion from mineworkers’ pension funds.
In return for guaranteeing pensions, it has pocketed half of all surpluses since 1994. Now Labour says the Government has trousered enough and should give future profits to miners and widows.
IDEA OF NEW PENSIONER PARTY -
THE GREY SWANS
Every party does pensioner bashing,
telling outright fibs that pensioners are a burden on young folk in work.
Would you support me in starting a new political party next year,
- £250 per week state pension.
- £5000 more tax allowance from 60.
- Council tax becomes a local income tax.
- Pension age 60 for men and women.
- Early works pension age between 50 and 60.
- Works pension age between 50 and 60 for manual workers.
- Pension age 50 - 55 Paramedics (Ambulance), Firemen, military, police.