{"id":29167,"date":"2016-10-08T13:00:35","date_gmt":"2016-10-08T06:00:35","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-a-bargain-state-pension-deal-put-in-700-get-5000-out\/"},"modified":"2016-10-08T13:09:02","modified_gmt":"2016-10-08T06:09:02","slug":"its-a-bargain-state-pension-deal-put-in-700-get-5000-out","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-a-bargain-state-pension-deal-put-in-700-get-5000-out\/","title":{"rendered":"It\u2019s a bargain state pension deal: put in \u00a3700, get \u00a35,000 out"},"content":{"rendered":"


\nAround half a million public sector workers can massively boost their state pensions. Here\u2019s howPut \u00a3700 in and get \u00a35,000 out. That\u2019s the deal potentially on offer to thousands of current and former public sector workers who can top up their state pension at \u201cbargain basement\u201d rates, according to former pensions minister Steve Webb.He estimates that more than 500,000 older people \u2013 including many current and newly retired teachers, nurses, civil servants and local government workers \u2013 could benefit over the next five years, as well as thousands of private sector workers. This particularly relates to those entitled to draw their occupational pension at 60, but who won\u2019t receive a state pension until they are 65 or 66. Continue reading…
\n
\nSource : theguardian.com
\nRead more…It\u2019s a bargain state pension deal: put in \u00a3700, get \u00a35,000 out<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Around half a million public sector workers can massively boost their state pensions. Here\u2019s howPut...<\/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-29167","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\/p75ss1-7Ar","jetpack-related-posts":[{"id":61432,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-government-has-got-it-wrong-on-pensions-letters\/","url_meta":{"origin":29167,"position":0},"title":"The government has got it wrong on pensions | Letters","date":"July 22, 2017","format":false,"excerpt":"\r Readers discuss Philip Hammond\u2019s claim that public sector pensions are generous and the decision to bring forward the raising of the state pension ageThe chancellor of the exchequer recently pointed out that public sector pay was superior to private sector pay because of the occupational pension accruing to long-time\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22899,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pensions-overhaul-could-hit-public-sector-workers-hardest\/","url_meta":{"origin":29167,"position":1},"title":"Pensions overhaul could hit public sector workers hardest","date":"January 15, 2013","format":false,"excerpt":"\r Seven million workers would have to increase their national insurance contributions by 1.4% of their incomeA radical overhaul of the state pension designed to help low earners and women has been unveiled \u2013 but the cost would be higher payments by nearly 7 million employees, and by schools, hospitals\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27439,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bmw-to-shut-final-salary-pensions-of-5000-staff-in-britain\/","url_meta":{"origin":29167,"position":2},"title":"BMW to shut final-salary pensions of 5,000 staff in Britain","date":"September 27, 2016","format":false,"excerpt":"\r Unite union vows to fight \u2018tooth and claw\u2019 car maker\u2019s switch to defined-contribution scheme after it posted record profits German car giant BMW has revealed plans to shut its two final-salary pension schemes for 5,000 staff in Britain \u2013 prompting the country\u2019s biggest trade union, Unite, to say it\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13586,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-englands-chief-economist-calls-for-more-simple-pension-system\/","url_meta":{"origin":29167,"position":3},"title":"Bank of England's chief economist calls for more simple pension system","date":"May 19, 2016","format":false,"excerpt":"\r Andrew Haldane says workers have little chance of making sense of funds when financial experts \u2018have no clue either\u2019Over-complex pensions are harming the UK economy and reinforcing mistrust of the financial sector, the Bank of England\u2019s chief economist has warned, as he admitted even he was unable to make\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24200,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brexit-will-put-75-of-workers-at-risk-of-pension-shortfall\/","url_meta":{"origin":29167,"position":4},"title":"Brexit will put 75% of workers at risk of pension shortfall","date":"August 28, 2016","format":false,"excerpt":"\r People will have to save more for pensions to have income they were on course for before Britain voted out, say City expertsThe Brexit vote is having \u201cterrifying\u201d effects on the pension schemes of millions of British workers, with 75% of people now expected to have a retirement income\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":36254,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/basically-a-huge-tax-increase-readers-on-proposed-pension-age-rise\/","url_meta":{"origin":29167,"position":5},"title":"'Basically a huge tax increase': readers on proposed pension age rise","date":"November 28, 2016","format":false,"excerpt":"\r Former pensions minister Steve Webb says the government is considering raising pension age sooner than previously planned. We follow your reactionTens of millions of workers under the age of 55 could be affected by changes to pension age sooner than previously planned, according to a former minister.Steve Webb, pensions\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\/29167"}],"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=29167"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/29167\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=29167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=29167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=29167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}