Huge pension scheme shake up could boost retirement savings for millions of workers

Oct. 8, 2024 - The Sun

A HUGE shake up of pension schemes could boost retirement savings for millions of workers. New state pension - This is what the state pays to those who reach state pension age after April 6 2016.

Basic state pension - If you reach the state pension age on or before April 2016, you'll get the basic state pension. If you have the basic state pension you may also get a top-up from what's known as the additional or second state pension.

Take advantage of your workplace pension: All employers are legally required to provide a workplace pension...