Budget 2011: The new flat rate pension will reduce poverty among the retired, but employers who offer good pensions may be penalised financially as a result

Leunig, T. (2011). Budget 2011: The new flat rate pension will reduce poverty among the retired, but employers who offer good pensions may be penalised financially as a result.
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Last Wednesday’s budget introduced the government’s plans for a flat rate pension credit. While Tim Leunig welcomes these plans, he finds that the burden for funding this new system may well fall on employers in a significant way.

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