{"id":22548,"date":"2016-08-11T00:41:48","date_gmt":"2016-08-10T17:41:48","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/big-cuts-for-royal-mail-and-post-office-workers-pensions\/"},"modified":"2016-08-11T00:51:14","modified_gmt":"2016-08-10T17:51:14","slug":"big-cuts-for-royal-mail-and-post-office-workers-pensions","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/big-cuts-for-royal-mail-and-post-office-workers-pensions\/","title":{"rendered":"Big cuts for Royal Mail and Post Office workers' pensions"},"content":{"rendered":"


\nBacklash expected over part-closure of defined-benefit schemes, which companies say are unaffordableNearly 100,000 workers at the Royal Mail and the Post Office are likely to be the earliest victims of the post-Brexit turmoil in markets as the companies plan big cuts to their \u201csimply unaffordable\u201d pension schemes.One manager in his 40s at the Post Office was told that his projected pension at retirement will collapse from \u00a338,000 a year to just \u00a318,000. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Big cuts for Royal Mail and Post Office workers’ pensions<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Backlash expected over part-closure of defined-benefit schemes, which companies say are unaffordableNearly 100,000 workers at...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-22548","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-5RG","jetpack-related-posts":[{"id":94387,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-should-follow-royal-mail-in-delivering-fairer-pensions-for-all\/","url_meta":{"origin":22548,"position":0},"title":"We should follow Royal Mail in delivering fairer pensions for all","date":"July 21, 2018","format":false,"excerpt":"\r Here\u2019s a solution that splits the difference between cushy final salary and shares-based pensionsIs this how we can bridge the absurd gulf between the (mostly) public sector workers who have great final salary-based pensions and the lousy stock market-based pensions for private sector workers? Royal Mail is ditching its\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22775,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-scandalous-changes-to-company-pension-schemes\/","url_meta":{"origin":22548,"position":1},"title":"The scandalous changes to company pension schemes","date":"August 13, 2016","format":false,"excerpt":"\r Every time an employer closes a final salary scheme and moves workers to a \u2018defined contribution\u2019 one, it shifts all the risk onto themA man in his 40s receives a pension projection that tells him his retirement income is going to collapse from the \u00a338,000 he was expecting to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":65678,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/union-will-ballot-for-strike-action-over-royal-mail-pensions\/","url_meta":{"origin":22548,"position":2},"title":"Union will ballot for strike action over Royal Mail pensions","date":"September 7, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Union will ballot for strike action over Royal Mail pensions","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78063,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/royal-mail-strikes-deal-with-unions-over-pay-and-pensions\/","url_meta":{"origin":22548,"position":3},"title":"Royal Mail strikes deal with unions over pay and pensions","date":"January 26, 2018","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Royal Mail strikes deal with unions over pay and pensions","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":36936,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/government-to-outsource-royal-mail-pensions-admin-in-31m-deal\/","url_meta":{"origin":22548,"position":4},"title":"Government to outsource Royal Mail pensions admin in \u00a331m deal","date":"December 4, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Government to outsource Royal Mail pensions admin in \u00a331m deal","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3139,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/construction-workers-denied-access-to-auto-enrolment-pensions\/","url_meta":{"origin":22548,"position":5},"title":"Construction workers denied access to auto-enrolment pensions","date":"January 30, 2016","format":false,"excerpt":"\r Builders made to use \u2018umbrella firms\u2019 to receive pay are losing out on pension contributionsAn explosion in the number of construction workers moved into \u201cumbrella\u201d companies to avoid them appearing as full-time employees is undermining auto enrolment pensions, say unions.Many of the more than two million people who work\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/22548"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=22548"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/22548\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=22548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=22548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=22548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}