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Pension warning: Workers on furlough facing 'uncertain' future as retirements are delayed

FURLOUGH payments have kept many people afloat during the pandemic but the impact of the Job Retention Scheme has had profound effects on a number of other financial areas. New research on this shows many furloughed workers have had to rearrange their retirements. ....

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After three-year battle, Army veteran's widow has her pension restored

Updated:
January 18, 2021 08:09 IST
Amaravathi Bai, an octogenarian, was made to run from pillar to post for the restoration of her family pension till VeKare Ex-Servicemen’s Trust (VKET), Mysuru, took up the case and intervened on her behalf.
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Amaravathi Bai, widow of Army veteran Ganesh Rao Bawle, with M.N. Subramani of VeKare Ex-Servicemen’s Trust in Mysuru.
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Amaravathi Bai, an octogenarian, was made to run from pillar to post for the restoration of her family pension till VeKare Ex-Servicemen’s Trust (VKET), Mysuru, took up the case and intervened on her behalf. ....

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State Pension UK: 'Now is the time' to review your forecast and retirement plans | Personal Finance | Finance

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State Pension payments are issued by the government to Britons of an eligible age, who have a certain number of National Insurance contributions. It is important to note, however, some will receive less than the full new state pension sum if they were contracted out before April 6, 2016. Alternatively, there are other pension arrangements such as a workplace pension or private arrangement which can help people save for their retirement. ....

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Pension house blaze claims life of 35-year-old male resident

January 16, 2021
AN AFTERNOON blaze that gutted a pension house on Junquera St. in Barangay San Antonio, Cebu City on Saturday, Jan. 16, 2021, killed one man and injured two others.
The fatality was identified as Estrelito Baiño, 35, a resident of the pension house.
According to initial reports, the victim had gone back inside to retrieve his cellular phone. However, these have yet to be verified.
Injured were 26-year-old Ergel Mandaue and 62-year-old Vicenta Cabaguas. The two suffered first-degree burns in their arms.
Fire investigators were able to recover Baiño’s body inside his burnt room on the second floor of the building owned by a certain Nenil Ongloyko. ....

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Avoid costly mistakes when it comes to your RRSP

The Globe and Mail
Published January 14, 2021
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About two years ago, John Stevenson from Greenock, Scotland, was planning a trip to the United States when his travel visa was denied. The reason? When he filled out a Department of Homeland Security form online, he mistakenly declared himself to be a terrorist. No, really. The form asks the question, “Are you a terrorist?” (Note to self: If you answer this question “yes,” your vacation plans might not work out.) According to Mr. Stevenson, not only is he not a terrorist, but the only time he’s been in court was for jury duty. Checking the wrong box on the form was a mistake. ....

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