Great Britain: the government restores the link between the basic retirement pension and wages

Publication

12 May 2006 à 12h36

Updated on 26 March 2013 à 11h03

Reading time

1 minute

Publication: 12 May 2006 à 12h36, Updated on 26 March 2013 à 11h03

Reading time: 1 minute

Share
Copy link Share on LinkedIn Share on Bluesky Share on Facebook Share on WhatsApp
Add to reading list Remove from reading list
This landmark proposal of the Commission on retirement pensions (see our article n° 06332) was signed this Friday May 12 by Tony Blair and Gordon Brown. It will restore the link between the last wages and the calculation of public retirement pensions. (Réf. 06474)
Publication

12 May 2006 à 12h36

Updated on 26 March 2013 à 11h03

Reading time

1 minute

Publication: 12 May 2006 à 12h36, Updated on 26 March 2013 à 11h03

Reading time: 1 minute

Share
Copy link Share on LinkedIn Share on Bluesky Share on Facebook Share on WhatsApp
Add to reading list Remove from reading list
Enjoy this article for free while you’re in your trial period
You have access to our content for 1 month.
Explore the mind HR subscription

The British Prime Minister convinced his Minister of Finance, reluctant because of the cost, to restore the link between an employee’s last wages and the calculation of the legal retirement pension, removed by Margaret Thatcher in 1981. Currently, the amount of the retirement pension paid by the government ranges from 120 to 170 euros per week. This agreement will lead to more generous pensions as from 2012, by taking into account the final wages in the calculation of the allowance paid by the

…
Do you have information to share with us?
Contact us
What you absolutely must read this week
The essential content of the week selected by the editorial team.
See all
Catherine Chavanier (CDC Habitat): “Social dialogue on AI facilitates its deployment”
In February, CDC Habitat (10,500 employees) signed a two-year framework agreement governing social dialogue on AI. Catherine Chavanier, HR Director of the subsidiary of CDC (Caisse des dépôts et...
20 March 2026
EU: Council adopts position on simplifying AI rules
The Council of the EU approved its position on 13 March regarding the “omnibus regulation” proposal, published last November by the Commission to simplify the AI Act. Confirming the...
20 March 2026
Germany: menopause issues finally gain corporate recognition
With 12 million women over 40 in the labour force, German companies and occupational health professionals are beginning to adopt support policies for those affected by menopause-related issues...
19 March 2026
Greece: hospitality sector signs first collective agreement aligned with National Social Pact
The hospitality sector (125,000 employees), one of Greece’s largest industries after retail, signed a new two-year collective agreement on 17 March. The text, effective from 1 April 2026...
19 March 2026
Most viewed articles of the month on mind HR
What readers clicked on the most last month.
What readers clicked on the most last month.
1
France: LinkedIn reveals most sought-after HR skills
LinkedIn is revealing the most sought-after HR skills in 2026 in a study to be published on 24 February, which mind RH is previewing. Internal communication, training planning, occupational health...
24 February 2026
2
Netherlands: new government seeks to “control” social costs
In his government policy statement to Parliament on 25 February, Dutch Prime Minister Rob Jetten announced several measures designed to "control" social costs. Notably, he proposed raising the...
5 March 2026
3
Germany: accelerated professional integration in sight for asylum seekers
Germany’s interior minister Alexander Dobrindt has announced plans to accelerate the professional integration of asylum seekers in Germany. “The best integration is the one that starts...
23 February 2026
4
Spain: a bill to regulate internships
On 3 March, the Council of Ministers approved the bill on the “Status for persons undergoing non-professional practical training in companies”. The text limits the number of interns a company can...
13 March 2026
5
EU: co-legislators aim to pivot European Globalisation Adjustment Fund towards restructuring anticipation
On 25 February, the Council of the EU and the Parliament reached an agreement on the Commission’s proposed regulation to expand the European Globalisation Adjustment Fund (EGF). Under the...
2 March 2026
6
Block to slash workforce by nearly half
The news. In his latest shareholder letter, Jack Dorsey, CEO of payment service provider Block (formerly Square), announced plans to slash the company’s workforce “by nearly half, from...
6 March 2026