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Searching for: researcher is "taxpayers' alliance"

Surveys listed in reverse order of publication date

Results 1-7 of 7.

Pensions inequality
Pensions inequality
TaxPayers' Alliance
Aug 2018 United Kingdom Funding and Minimum Funding Requirement, Public Sector Pensions
The TaxPayers' Alliance has published a study comparing the occupational pensions that are available to new entrants to the workplace and the pension they can expect at the end of their career. The study analyses schemes operating in the private and public sector and compares the value of the respective pension benefits provided. According to the findings, a new employee aged 25 who is earning the national average wage and making the same level of employee pension contributions would retire at age 68 on an average pension of 61% of final salary in the public sector compared to 22% of final salary in the private sector.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Aug 2018 or click here (this link will not work in all circumstances). For further information about Perspective click here.

1E111594D    
 
Council pensions: The 54bn black hole
Public Sector Pensions 3: Research Note 103
TaxPayers' Alliance
13 Apr 2012 United Kingdom Taxation, Surpluses and Deficits, Local Government
The TaxPayers' Alliance (TPA) has published a report which collates every council's pension deficits for 2010 to 2011. The research reveals that all 101 local authorities across the UK have a combined pension deficit of £54bn.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Apr 2012 or click here (this link will not work in all circumstances). For further information about Perspective click here.

DA6803F7    
 
1 in every 5 of council tax goes on council pensions: 4,548 councillors now claiming council pensions
1 in every 5 of council tax goes on council pensions
TaxPayers' Alliance
25 Jan 2012 United Kingdom Public Sector Pensions, Local Government, Funding and Minimum Funding Requirement
The TaxPayers' Alliance has published a report which reveals that the total employer contributions into the Local Government Pension Scheme in 2010-11 was £5.063bn. According to the report, this means that the equivalent of £1 in every £5 of council tax paid in the UK was spent on pensions.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Jan 2012 or click here (this link will not work in all circumstances). For further information about Perspective click here.

57665614    
 
How to save 50bn: Reducing spending for sustainable public finances
How to save 50bn: Reducing spending for sustainable public finances
TaxPayers' Alliance
Sep 2009 United Kingdom State Pensions, Funding and Minimum Funding Requirement
A report from the TaxPayers' Alliance has called on the Government to freeze state pensions and the minimum income guarantee for 12 months and boost workers' contributions to unfunded public sector schemes. The recommendations, formed in conjunction with the Institute of Directors, are part of a wider plan to reduce public expenditure.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Sep 2009 or click here (this link will not work in all circumstances). For further information about Perspective click here.

F649727A   Click here to contact the authors.
 
Local authority staff pensions cost 4.5bn in 2007-08, excluding teachers and firemen
Local authority staff pensions cost 4.5bn in 2007-08, excluding teachers and firemen
TaxPayers' Alliance
27 Feb 2009 United Kingdom Taxation, Occupations/Industry Sectors, Local Government
According to a report which examines local authority spending on pension contributions from the TaxPayers' Alliance, in 2007-08, local authorities across Britain spent a total of £4.5bn (£1 in every £5 of council tax) on employer contributions to the Local Government Pension Schemes, unfunded payments and added years benefits. This does not include employee contributions, nor employer contributions to the Teachers’ Pension Scheme. The study showed that the average council now spends over £9.8m on employer pension payments - a 7% increase on the average amount spent in 2006-07.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Feb 2009 or click here (this link will not work in all circumstances). For further information about Perspective click here.

D046798C   Click here to contact the authors.
 
Total bill for local government pensions is 4.6bn a year
1 in every 5 of council tax is spent on pensions
TaxPayers' Alliance
28 Feb 2008 United Kingdom Taxation, Local Government
A paper from the Taxpayers' Alliance, which examines local authority spending on pension contributions, has revealed that in 2006-07, local authorities across the country spent a total of £4.6bn on employer contributions to the Local Government Pension Scheme, and unfunded payments and added years benefits to local government employees, teachers and fire-fighters. This does not include employee contributions or employer contributions to the Teachers Pension Scheme. £4.6bn is 21% of council tax revenue - £1 in every £5 of council tax. The study shows that the average council now spends over £10m on employer pension payments - a 13% increase on the average amount spent in 2005-06.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Feb 2008 or click here (this link will not work in all circumstances). For further information about Perspective click here.

2C4102FA   Click here to contact the authors.
 
Record numbers retire on 1 million NHS pension pots
Record numbers retire on 1 million NHS pension pots
TaxPayers' Alliance
25 Feb 2008 United Kingdom Taxation, Occupations/Industry Sectors
Research from the TaxPayers' Alliance has shown that there are almost 8,500 retired NHS employees (including GPs) in England and Wales with retirement benefits worth £1 million, and the total value of these retirement benefits is almost £8.5 billion (up to £337 per household). The figures, which were obtained through a Freedom of Information request, were gathered from the NHS Business Services Authority Pensions Division. Research Director at the TaxPayers’ Alliance, Corin Taylor, commented: "Unfunded public sector pension liabilities are reaching completely unsustainable levels. Every household will have to pay up to £40,000 over the next few decades to fund gold-plated retirement benefits for public sector employees, including £1 million pension pots for the NHS elite. Urgent change is needed to reduce the bill to taxpayers - for a start, the pension age for existing public sector employees should be raised to the state pension age as soon as possible."

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Feb 2008 or click here (this link will not work in all circumstances). For further information about Perspective click here.

DA4091E4   Click here to contact the authors.
 

Results 1-7 of 7.