Download or read book Department for Work and Pensions Five Year Strategy written by Great Britain: Department for Work and Pensions and published by The Stationery Office. This book was released on 2005 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: The welfare state of the 20th century was designed to provide support from the cradle to the grave, but the changing demographic profile of Britain - longer life-spans mean that by 2007 the number of people over state pension age will exceed the number of children - presents a challenge to such a system of support. This plan sets out the Government's strategy of aiming for an 80 per cent employment rate as the best means of keeping people out of poverty, and allowing saving for a secure retirement. Such an aspiration requires the movement into work of a proportion of those people traditionally seen as outside the labour market and with complex barriers preventing entry into that market. Supporting these inactive people into employment will require carefully tailored support. The strategy outlines the approach in three major areas: (1) supporting children and families, including helping lone parents into gainful work; (2) helping those on incapacity benefits to return to work; (3) breaking down barriers to employment faced by disabled people, older workers and ethnic minorities.
Download or read book Department for Work and Pensions written by Great Britain: Parliament: House of Commons: Committee of Public Accounts and published by The Stationery Office. This book was released on 2010-03-17 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines the action the Department for Work and Pensions is taking to tackle overpayment and stem the rising trend in benefit debt; improve its knowledge of its client base; and set realistic targets to improve debt collection and improve write-off. The Department has increased cash recoveries from £180 million in 2005-06 to £281 million in 2008-09. However, yet again, evidence proves that the Department needs to significantly improve how it makes benefit payments, it adds. The total amount of money owed to the Department as the result of benefit overpayments is now £1.85 billion and is rising as recoveries are not keeping pace with the increase in referrals. Helping customers avoid getting into debt is important for both the Department and its customers in managing their finances, and the increasing total level of debt reflects the difficulty of recovering money once overpayments have occurred. Overpayments arising from Income Support accounted for over 70 per cent of all debts at 31 March 2008. It is critical that the Department improves its debt prevention procedures and intervenes more directly to check that the circumstances of customers have not changed. In 2007-08, some £9.3 million of small overpayments below £65 were written off because the Department considered them too small to justify the cost of recovery action. But the Department does not distinguish between different types of debtor or different recovery routes in assessing whether the costs of recovery are likely to outweigh the benefits.
Download or read book Statistics Research written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Department for Work and Pensions written by Great Britain. National Audit Office and published by The Stationery Office. This book was released on 2009 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: The majority of carers who receive benefits from the Department for Work and Pensions (DWP) are satisfied with the support they receive, worth up to GBP 2 billion a year. The Department is delivering carers' benefits effectively and has made improvements in processing claims over years.
Download or read book Miscellaneous Publications of the Department for Work and Pensions written by Great Britain. Department for Work and Pensions and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Gaining and Retaining a Job written by Great Britain: National Audit Office and published by The Stationery Office. This book was released on 2005-10-13 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2004, of the 6.7 million disabled people of working age in Britain, 50 per cent were in employment compared to 75 per cent of the working age population as a whole. The Government has made a commitment to increase the employment rate of disabled people and to reduce the difference between their employment rate and the overall rate by 2006. This NAO report examines the barriers faced by disabled people in finding and retaining employment, the specialist programmes and schemes provided by the Department of Work and Pensions (DWP) to address this issue, the quality and accessibility of support available, and the cost effectiveness of such schemes. The report finds that the DWP funds a broad range of schemes (which are managed by Jobcentre Plus and contracted out to a range of providers in the public, private and voluntary sectors) and is on course to meet its target for increasing the employment rate of disabled people. However, more progress is needed to ensure such programmes benefit a wider number of people, and recommendations made include the need to establish a more flexible modular approach to programmes; to improve data collection and verification schemes to monitor services; to promote enhanced efficiency through better contracting; to provide greater support and training for advisers; to improve the cost effectiveness of Remploy businesses and to ensure better support to help individuals find alternative employment if necessary; and for the DWP to develop a clearer strategy for engaging with employers at a local level.
Download or read book Department for Work and Pensions Public Consultation Reshaping Workplace Pensions for Future Generations Cm 8710 written by Great Britain: Department for Work and Pensions and published by The Stationery Office. This book was released on 2013-11-07 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Reinvigorating workplace pensions1 published last November, the Government set out to explore whether there was scope for a new category of defined ambition (DA) pensions that would complement the defined benefit (DB) and defined contribution (DC) structures that currently dominate the market. Automatic enrolment and the single-tier State Pension will provide a firm foundation for saving for retirement. But if the current forms of DC pension saving become the default alternative to traditional DB, the pension income of future generations from workplace pensions will be more uncertain than for past generations. Over the last 12 months the DA project - a joint project between DWP and the pensions industry - has been exploring options in a middle ground. The Government proposes that the regulation of workplace pension schemes should not focus on the detail of benefit design but on what is important to the member: ensuring that any promise or guarantee, whether from the sponsoring employer or scheme, provider is delivered. This Government proposes to make it easier for employers to sponsor new pension schemes where benefits accrue on a specified basis (e.g. related to salary); and also to allow additional flexibilities for future accruals only within existing DB schemes, including the possibility of allowing a statutory override to facilitate these changes. The new flexibility will remove constraints from the existing legislative framework while still giving employees the certainty of a pension scheme where the benefits are defined (such as in relation to their salary) with the security of the promise being sponsored by their employer
Download or read book Department for Work and Pensions written by Stationery Office, The and published by . This book was released on 2002 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Department for Work and Pensions Autumn Performance Report written by Great Britain. Department for Work and Pensions and published by . This book was released on 2002 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report details the progress made by the Department of Work and Pensions towards meeting its Public Service Agreement (PSA) targets since its first departmental report published in Spring 2002 (Cm. 5424, ISBN 0101542429). It also sets out the Department's revised PSA under the 2002 Spending Review.
Download or read book Department for Work and Pensions Public Consultation Better Workplace Pensions A Consultation on Charging Cm 8737 written by Great Britain: Department for Work and Pensions and published by The Stationery Office. This book was released on 2013-10-30 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Government is proposing to introduce a system of automatic pensions transfers to help people to better keep track of their workplace pension savings. The majority of people being automatically enrolled are likely to join the default fund in defined contribution (DC) schemes. It is, therefore, important to ensure that these schemes deliver the best possible value for money. The impact of the charges levied on people's pensions savings over their lifetime can be significant - seemingly small variations in charges can result in a considerable difference in people's final retirement savings. A number of voluntary industry initiatives seeking to improve disclosure of charges information to scheme members and employers have been launched in an effort to reduce the complexity of the product. The Government welcomes these initiatives, but is interested in views on whether further action is required. There are a number of potential options: mandating disclosure to members by widening the disclosure requirements, to include information about charges; standardising disclosure to employers; or disclosure of transaction costs - require disclosure to members, employers, as well as trustees, and independent governance committees (as recommended by the OFT). The Government is also interested in hearing views on whether: a cap on pension scheme charges should be introduced; differential charging between active and deferred members should be banned in DC qualifying schemes; the ban on consultancy charges should be extended from AE schemes to all qualifying DC schemes; adviser commissions set up prior to the introduction of the Retail Distribution Review should be banned in qualifying schemes
Download or read book A Review of Powers of Entry by the Department for Work and Pensions written by Great Britain. Department for Work and Pensions and published by . This book was released on 2014 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Reinvigorating Workplace Pensions written by Great Britain: Department for Work and Pensions and published by The Stationery Office. This book was released on 2012-11-22 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: The UK's pensions system is need of reform for two primary reasons. Firstly, the UK has an aging population and secondly, working age people are not saving enough to meet their expectations of income on retirement. The Government has already begun to set in train a series of reforms. In particular it has brought forward plans to increase State Pension age; set out proposals to create a single-tier State Pension to provide a firm foundation for saving for retirement; and introduced automatic enrolment into workplace pensions. We do, though, also need to ensure that those people saving privately for their retirement are doing so in high quality schemes. This strategy sets out the key issues which need to be tackled. The reinvigoration objectives include: increase the amount people are saving in pensions; increase the amount people receive for their savings; enable industry innovation to develop products which will give more certainly about pensions; increase transparency; and ensure the sustainability and stability of the UK pension system.
Download or read book Department for Work and Pensions Publication Scheme written by Great Britain. Department for Work and Pensions and published by . This book was released on 2007 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book DWP Statement of Administrative Sources written by Great Britain. Department for Work and Pensions and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A state pension for the 21st century written by Great Britain: Department for Work and Pensions and published by The Stationery Office. This book was released on 2011-04-04 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this document the Government is looking at options for delivering a simpler and fairer state pension which rewards those who save for their retirement and is sustainable for future generations. The consultation is on two broad options for reform of the state pension, and the most appropriate mechanism for determining future changes to state pension age. The four guiding principles for pension reform are: personal responsibility; fairness; simplicity; affordability and sustainability. The options for reform of the state pension are: (1) faster flat rate or (2) a single tier pension. Currently the basic state pension is a flat-rate payment of £97.65 a week and the state second pension is partly flat rate and partly linked to earnings, such that higher earners receive a higher state pension. Option 1 would accelerate reforms so that the state second pension becomes fully flat rate by 2020 instead of the early 2030s. At the end of the transition those with a full contribution record - about 30 years - would receive the full pension, in two tiers, currently estimated at about £140 a week. Option 2 is a more radical approach, combining the two existing pensions into one single-tier pension. Future pensioners with at least 30 qualifying years would receive the same flat-rate pension currently estimated at £140 a week. This payment would be set above the basic level of support provided by Pension Credit. There are also two options for changing state pension age: through a formula linked to life expectancy; through a regular review.
Download or read book Department for Work and Pensions departmental report 2005 written by Great Britain. Department for Work and Pensions and published by . This book was released on 2005 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Department for Work and Pensions (DWP) is responsible for the Government's welfare reform agenda in providing services to its key client groups of pensioners, people of working age, families and children and disabled people through the Jobcentre Plus, the Child Support Agency, the Pension Service, the Appeals Service and the Disability and Carers service. This report details the department's key objectives and activities during the year 2003-04, its expenditure plans, and its performance against agreed Public Service Agreement (PSA) targets.
Download or read book Department for Work and Pensions written by Great Britain. Department for Work and Pensions and published by . This book was released on 2004 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt:
