Employee Benefits

MARCH 4, 2024

The lifetime allowance (LTA) is the total value an individual can build up in their combined pension savings without incurring a tax charge: for most people in the tax year 2023/24 this is £1,073,100.

Pension 59

Pension Pension Benefit Employment Taxes 59

Employee Benefits

JANUARY 17, 2024

Instead of an employee building up a new pension pot every time they change employer, their pot would follow them through their working life. It is important to note that the government’s proposals are still at consultation stage. The details, and even whether pots for life will go ahead, are still unknown.

Pension 105

Pension Employment Government Hospitality 105

Employee Benefits

NOVEMBER 8, 2022

Trott has taken over responsibility for pensioner benefits including state, private and occupational provisions, as well as oversight of bodies such as The Pensions Regulator (TPR).

Pension 59

Pension Pension Benefit Government Taxes 59

Employee Benefits

DECEMBER 16, 2021

A consultation period between the car firm and affected staff will close tomorrow (17 December). Unite general secretary Sharon Graham explained that the union will back members if they decide to take industrial action to defend their pensions. The union has called for this to be extended.

Pension 59

Pension Pension Benefit Manufacturing Consulting 59

Proskauer's Employee Benefits & Executive Compensa

SEPTEMBER 22, 2022

As noted below, SRCs need not include any amount for pension benefits.). It is important to address the disclosure earlier in the 2023 proxy process, and to gain perspectives from compensation consultants, accountants, and counsel. Plan ahead, and work with consultants and accountants. The New Table.

Executive Compensation 85

Executive Compensation Pension Pension Benefit Consulting 85

Proskauer's Employee Benefits & Executive Compensa

JULY 11, 2022

On July 8, 2022, the Pension Benefit Guaranty Corporation (“PBGC”) published its much anticipated final rule on the special financial assistance (“SFA”) available to certain troubled multiemployer plans under the American Rescue Plan Act of 2021 (“ARPA”).

Pension 97

Pension Pension Benefit Consulting Employment 97

HR Digest

FEBRUARY 20, 2020

An employer must take up professional advice as well as guidance for offering retirement benefits to employees. The pension rules are complicated, and tax-related basics of retirement benefits can confuse an employer. Understanding the Basics of Retirement Benefits Plan. As such, professional guidance is necessary.

Pension 87

Pension Retirement Plan Taxes Pension Benefit 87