UK - Retained firefighters will be allowed to join the Fire-fighters' Pension Scheme for the first time under new government proposals.
The Office of the Deputy Prime Minister is consulting with the Fire Brigade over a range of proposed amendments to the Firefighters’ Pension Scheme, part of which includes granting full pension rights to thousands of part-time staff.
Retained fire-fighters can be on call for up to 120 hours a week and are paid an annual retainer of £2500 and receive a further £14.70 each time they are called out.
But the terms and conditions offered to the 14,000 part-time staff have been criticised in recent years by the Fire Brigades’ Union, which claims they should be entitled to the same pension and sick pay provision as full-time staff.
The ODPM consultation will start in October and will run for three months.
The Brunel Pension Partnership has become the fourth local authority pool to receive the green light from the regulator.
Defined benefit (DB) schemes are to be offered a new consolidator as the former chief of the Pension Protection Fund (PPF) launches 'The Pension SuperFund'.
Martin Freeman has been hired as head of technology product and development at Smart Pension, to support the 'growing' technology product side of the business.
Tim Sharp says the government has missed some big opportunities to help workers in the DB white paper.