Pensions Rescue Deal for Workers ; Government Pledges to Restore Lost Money
The Journal › December 18, 2007
Linked as:
Summary
THOUSANDS of workers who lost most of their pensions when their employers went bust were celebrating last night after the Government unveiled the biggest rescue package of its kind, pledging pounds 2.9 billion to restore the money.
Unions and campaign groups who have been fighting for five and a half years for the lost savings to be paid welcomed the move, which will restore 90% of the value of pensions for up to 140,000 workers.See the full content of this document
Extract
Pensions Rescue Deal for Workers ; Government Pledges to Restore Lost Money
Some of those affected were forced to continue working instead of retiring.
Work and Pensions Secretary Peter Hai...See the full content of this document
Sponsored links
